N false false false en-us x-none x-none , Ask an Expert

Economics

A mine is for sale for $450,000. It is believed the mine will produce a profit of $100,000 the first year, but the profit will decline $5000 a year after that, eventually reaching zero, whereupon the mine will be worthless. What rate of return would be earned on the mine?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91230525

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question a house was bought for 200000 using a 20 year

Question: A house was bought for $200,000 using a 20 year mortgage at 12% interest rate. After the 120th payment it was refinanced with 6% interest rate mortgage for 10 years. What is the reduction in monthly payments? T ...

Question when sulfur dioxide is emitted into the air it is

Question: When sulfur dioxide is emitted into the air it is transported over long distances and is converted to sulfuric acid. This gradually falls to the ground, either as ratio or snow simply by settling out of the air ...

Question in 2007 david beckham the famous soccer player

Question: In 2007 David Beckham, the famous soccer player from England, decided to leave his job to open Man-U shop , his own sporting goods store, in Thailand. By locating Man-U shop halfway between Central World and Pa ...

Question 1 colombia brazil advance proposal to withhold 10

Question: 1. "Colombia, Brazil Advance Proposal to Withhold 10 Percent of Export Output" (Wall Street Journal, September 23, 1991, p. B6). A Colombian delegate to the International Coffee Organization said that if all it ...

Question define marginal cost and marginal benefit in new

Question: Define marginal cost and marginal benefit In New State, the bottling law requires that people get a refund of five cents when they return an empty bottle or can. Why does the state pay people to return bottles? ...

Question the present worth of an amount of money y that

Question: The present worth of an amount of money "Y" that will be received 10 years from now is $10,000. At an interest rate of 8% per year, the value of "Y" 10 years from now is equal to? The response must be typed, si ...

Question explain the logic of another classic movie stanley

Question: Explain the logic of another classic movie, Stanley Kubrick's Dr. Strangelove. At the beginning of the movie, which is set during the Cold War, the audience learns that the Soviet Union has built a doomsday mac ...

Question write 150 words for each question and please site

Question: Write 150 + words for each question and please site information directly from the internet in APA format. Do you think that labor should be considered in fair trade deals the U.S. makes around the world? What a ...

Question one consequence of increases in business

Question: One consequence of increases in business litigation over the past 20 years has been an increase in the percentage of lawyers who work as employees of firms rather than as independent practitioners. Explain why ...

Question business law questionthe stocks in first rate

Question: Business law question The stocks in First Rate Hotel, Inc., a corporation, was divided equally between the Miller and the Anderson families. For a number of years, as result of a family fued, the Millers and th ...

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

Recent Questions

Ask Microeconomics Expert