Question #221768

If the average rate of return is 8,42%, then the original investment ( rounded off to the nearest R 1000) was


1
Expert's answer
2021-08-02T17:02:53-0400

ARR=average net profitoriginal investment=8.42%ARR=\frac{average \space net\space profit}{original \space investment}=8.42\%

original investment =average net profit8.42%=\frac{average \space net\space profit}{8.42\%}


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Place free inquiry
Calculate the price
Learn more about our help with Assignments: Math

Comments

No comments. Be the first!
Our fields of expertise
10 years of AssignmentExpert
LATEST TUTORIALS
APPROVED BY CLIENTS
Finding a professional expert in "partial differential equations" in the advanced level is difficult. You can find this expert in "Assignmentexpert.com" with confidence. Exceptional experts! I appreciate your help. God bless you!
Canada #340153 on Dec 2023