You discover an antique in your attic that you purchased at an estate sale 10 years ago for $400
You auction it on eBay and receive $8,000 for your item. What annual rate of return did you earn?
A) 200.00% B) 30.47% C) 34.93% D) 20.00%
C
You might also like to view...
Thelma is planning for her son's college education to begin five years from today. She estimates the yearly tuition, books, and living expenses to be $5,000 per year for a four-year degree, assuming the expenses incur only at the end of the year
How much must Thelma deposit today, at an interest rate of 8 percent, for her son to be able to withdraw $5,000 per year for four years of college? A) $20,000 B) $13,620 C) $39,520 D) $11,270
Karl's Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl's is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes
activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of these requests, Karl has entered into negotiations with three providers of high-quality rock climbing shoes and gear. What do Karl's activities show about his marketing for Karl's Sporting Goods? A. He provides place utility for all outdoor sports enthusiasts. B. He has a marketing concept and is acting on it. C. He has increased his production orientation. D. He has increased its sales orientation.
Historically, the average excess return of the S&P 500 over the return of U.S. Treasury bonds has been ________ and is proxy for the market risk premium
A) between 10% and 12% B) between 14% and 16% C) between 5% and 7% D) between 11% and 13%
What is an electronic book that can be read on a computer or special reading device?
A. ebook B. minicomputer C. tablet D. appliance