A company expects to earn a rate of return of 10% on its investment of sh 11,000 after one year. How much does it need...

      

A company expects to earn a rate of return of 10% on its investment of sh 11,000 after one year. How much does it need to invest now to attain the above returns?

  

Answers


Lellah
f.JPG
Lellah answered the question on November 8, 2021 at 08:56


Next: Find the compound amount, which would be obtained from a principal of sh 2000 at 8% compounded quarterly for 5 years.
Previous: Draw a table showing the evolution of human diet over time

View More Introduction to Finance Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions