Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Hank made payments of $193 per month at the end of each month for 30 years to purchase a piece of property. He promptly sold it for $189,481.

What annual interest rate would he need to earn on an ordinary annuity for a comparable rate of return?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92101641
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

The market demand for a good is given by p 16 - 2qd and

The market demand for a good is given by P = 16 - 2Qd and the market supply is given by P = 4 + 4Qs. Find the equilibrium quantity that will be exchanged in this market. [Write the numerical value in the space below.]

Describe three things you can do to develop a community of

Describe three things you can do to develop a "community of learners" in your classroom. Give a specific example for each.

Collaborative project looking closely at annual reports obj

Collaborative Project: Looking Closely at Annual Reports (Obj. 1) Team Project YOUR TASK. In teams of three or four, collect several corporate annual reports. For the Boeing annual report of 2016, identify and discuss th ...

The partners at an investment firm want to know which of

The partners at an investment firm want to know which of their two star financial planners, Brayden or Zoe, produced a higher population mean rate of return last quarter for their clients. The partners reviewed last quar ...

Create brochure that could be given to people considering

Create brochure that could be given to people considering starting their own business and who want to know the key considerations when developing a business plan and determining the best methods of managing the business' ...

What would you regard as the limitations of planning as a

What would you regard as the limitations of planning as a management's function?

Not everyone can be good at everything about a job

Not everyone can be good at everything about a job. Providing only positive performance feedback can give workers inaccurate pictures off their performance. What are the disadvantages of this inaccuracy?

Distinguish between secondary and primary methods of data

Distinguish between secondary and primary methods of data collection. Is it possible to use secondary data methods as substitutes of primary methods? Justify the answer with suitable illustrations and using data from dif ...

What is the difference between substitution and perfect

What is the difference between substitution and perfect substitution/complementary and perfect complementary? Suppose there are only two goods consumed and when the price of one of the goods goes up, what happens to the ...

Several years ago53 of parents who had children in grades

Several years? ago,53?% of parents who had children in grades? K-12 were satisfied with the quality of education the students receive. A recent poll asked 1,025 parents who have children in grades? K-12 if they were sati ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As