The U.S. government fixed the price of gold at $35 an oz in 1934. In 2005, the price of the yellow metal was $480 an oz. Calculate the price appreciation of gold as percent per year, compounded annually.
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The U.S. government fixed the price of gold at $35 an oz in 1934. In 2005, the price of the yellow metal was $480 an oz. Calculate the price appreciation of gold as percent per year, compounded annually.
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- Assume that in 2018, a copper penny struck at the Philadelphia mint in 1795 was sold for $405,000. What was the rate of return on this investment? A penny is 1 cent.Assume that in 2018, a copper penny struck at the Philadelphia mint in 1795 was sold for $360,000. What was the rate of return on this investment?Assume that in 2018, a copper penny struck at the Philadelphia mint in 1795 was sold for $375,000. What was the rate of return on this investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
- Assume that in 2018, a copper penny struck at the Philadelphia mint in 1796 was sold for $495,000. What was the rate of return on this investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) rate of return =In 2007 and 1880 silver dollar sold for $14,007 what was the rate of return on investment? Answer as a decimal fraction to four decimal places. Assume that in 2018, a copper penny struck at the Philadelphia mint in 1796 was sold for $495,000. What was the rate of return on this investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) what is the rate of return using the required two deimal places =
- Ten years ago, an item cost Php2,500. The rate of inflation for the first 4 years was 4%, during the next 3 years 6% and for the last 3 years 9%. Assuming that the increase in price were due to inflation alone, what is the average inflation rate during the 10 years?2. If an asset costs $70,950 and is expected to have a salvage value of $949 at the end of five year life, and generates annual cash net cash inflows of $4,447 each year, the cash payback period rounding to two decimal places isDetermine the payback period (in years, round-off to 5 decimal places) at an interest rate of 7% per year for an asset that initially cost $30,000, has a scrap value of $1,700 whenever it is sold, and generates cash flow of $3,100 per year.
- If $13,000 had been invested in a certain investment fund on September 30, 2008, it would have been worth $59,102.69 on September 30, 2018. What interest rate, compounded annually, did this investment earn? (Round your answer to two decimal places.)Determine the present worth of the following cash flows based on an interest rate of 7.46% per year, compounded annually. Round off to two decimal places. End of Year 0 = Php 5944 End of Year 1 = Php 5552 End of Year 2 = Php 5460 End of Year 3 = Php 5731 End of Year 4 = Php 5119 End of Year 5 = Php 5665Paydirt Pete Mining expects receipts from a mining site to decdine according to an arithmetic gradient of $46526 per year. If this year's receipts are expected to be $290893 and the company expects the useful life of the well to be 7 years, what is the equivalent uniform annual worth during this time period from the mine at an interest rate of 13% per year? Write your answer to two decimal places. This Blackboard question was created by Kendra Ahmed, MBA, MCIS.