1 4 years ago cara deposited 11400 dollars in an account, Ask an Expert

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1. 4 year(s) ago, Cara deposited 11,400 dollars in an account that has earned and will earn 9.27 percent per year in simple interest. If Pablo made a deposit in an account 2 year(s) ago that has earned and will earn compound interest of 11.37 percent per year, then how much did Pablo invest 2 year(s) ago if he expects to have the same amount of money in 5 years from today as Cara will have in 5 years from today?

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2. Last year, Lakesha’s Lounge Furniture Corporation had an ROA of 9.4 percent and a dividend payout ratio of 35 percent. What is the internal growth rate?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92796554

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