carolinekeogh5134 carolinekeogh5134
  • 12-10-2017
  • Business
contestada

An investment earns 10% the first year, earns 15% the second year, and loses 12% the third year. the total compound return over the 3 years was ______.

Respuesta :

W0lf93
W0lf93 W0lf93
  • 21-10-2017
The compound return over 3 years is 3.67%. This is found by evaluating the following expression: (1.10*1.15*0.88)^1/3 - 1 = 3.67%.
Answer Link

Otras preguntas

What did the British Prime Minister Winston Churchill mean when he stated that an Iron Curtain divided Europe after World War II?
What is the slope of the line? (-3, -5) and (3, -1)
Brooke is writing a literary analysis of “To Build a Fire” and its connection to the time period it depicts. Which is the best topic sentence for her essay? Jac
Trade brought people together with the exchange of goods, raw materials, and ideas. This was possible due to: advancements in communication advancements in tran
is there other life in outer space? what life is it?
What is the main idea of Bud, Not Buddy (Chapter 1)
during what cycle are sugars produced in the chloroplast
Determine which neurotransmitters are released from cholinergic fibers and which are released from adrenergic fibers.
Which sentence uses the superlative form of pretty?   A. That is the prettiest flower I’ve ever seen.   B. I think spring is prettier than winter.   C
which of the following describes a major accomplishment of the aztec empire A-The aztecs invented the printing press, which they used to spread religion B-the a