mgaliant3338 mgaliant3338

22-02-2022
Business

contestada

Patrick Smith has $5,000 to invest in a small business venture. His partner has promised to pay him back $8,200 in five years. What is the return that this investment earns

Respuesta :

ewomazinoade ewomazinoade

02-03-2022

The return on investment that Patrick Smith earns is 10.4%.

What is the rate of return?

In order to determine the return on investments, the internal rate of return has to be determined. Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

IRR = 10.4%

To learn more about the internal rate of return, please check: https://brainly.com/question/24172627

Answer Link

Otras preguntas

Which company used a virtual version of their product in the virtual world Second Life to create awareness among users about their brand? Cadbury iPhone McDo

Miguel and maria have found a wonderful condo to lease. they call the owner and express their interest. the owner tells the couple it is no longer available for

Sickle cell anemia is caused by slight alterations in the dna that lead to

What character trait is atticus trying to teach the kids in to kill a mockingbird?

A boat depreciates 12.75% per year. If the boat is purchased for $7500, what is the equation of the exponential equation? How much will the boat be worth in 6

What tool would a government most likely use to restict imports based on health and safety concerns?

which is not considered a whole grain? oats brown rice cornmeal white flour

Meghan has $1.10 in dimes,nickels, and pennies. She has three times as many nickels as pennies, and the number of dimes is two times less than the number of pen

Which statement is true for one molecule of Sulfer trioxide

Consider an example of a deck of 52 cards: what is the probability of drawing three queens from a standard deck of cards, given that the first card drawn was a