What are the possible effective rates of interest

Assignment Help Financial Management

Reference no: EM131934151

Mark invests 1000 dollars. Two years later, he receives a payment from the investment of 2520 dollars. Two years after that, he invests another 486.7 dollars, and two years after that, he adds 2772 dollars more to the investment. Two years later, he receives a final payment of 1745.37 dollars that closes out the investment. What are the possible effective rates of interest? (If you find more than one, list them separated by commas.)

Reference no: EM131934151

Questions Cloud

What you have learned about the ehr : Summarize the news story and explain how it relates to what you have learned about the EHR in class so far (4-5 paragraphs).

When determining its initial investment outlay : Which of the following would be considered a relevant cash flow that should be included when determining its initial investment outlay?

What is the amount of each payment : Ashea is a 22 year old senior who used the Stafford loan program to borrow $4,000 four years ago when interest rates were 4.06% per year. $5,000 was borrowed.

Distinguishing between money market and capital market : Describe the major advantages and disadvantages of three mains forms of business organizations: the proprietorship, the partnership and the corporation.

What are the possible effective rates of interest : Two years later, he receives a final payment of 1745.37 dollars that closes out the investment. What are the possible effective rates of interest?

Calculate the effective tax rate : You are asked to present an investment analysis of a new small residential income producing property for sale to a potential investor.

Determine at what age john will receive the second payment : Determine at what age John will receive the second payment.

Discuss the social engineering in our own lives : Discuss the Social Engineering in our own lives. Preventing attacks sometimes requires you to think like the attacker.

What is the cash flow from leasing relative to purchasing : Artisan's is considering leasing a new computer. The lease terms include five annual payments of $1,500 with the first payment occurring when the lease.

User Account

All Pages