I have discovered an excellent investment opportunity: I buy a computer for 10,000TL, develop software on it for four years gaining 3,000TL, 4,000TL, 6,000TL, and 7,000TL respectively, sell it for 5,000TL to somebody else and buy a new computer with the same price at the end of the fourth year and restarting the cycle once again. This cycle goes forever, repeating, without a stop forever. What is the rate of return of this investment? Write your answer as a decimal number, with at least one digit after the decimal point. If your result is 10.5% just write 10.5 (DO NOT write it as 0.105 or DO NOT put a percentage sign)

I have discovered an excellent investment opportunity: I buy a computer for 10,000TL, develop software on it for four years gaining 3,000TL, 4,000TL, 6,000TL, and 7,000TL respectively, sell it for 5,000TL to somebody else and buy a new computer with the same price at the end of the fourth year and restarting the cycle once again. This cycle goes forever, repeating, without a stop forever. What is the rate of return of this investment? Write your answer as a decimal number, with at least one digit after the decimal point. If your result is 10.5% just write 10.5 (DO NOT write it as 0.105 or DO NOT put a percentage sign)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 8EB: Shonda & Shonda is a company that does land surveys and engineering consulting. They have an...

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