Question 1
Use Excel's IRR function to answer the question.
The introduction of a new product requires an initial outlay of $610 000. The anticipated net returns from the marketing of the product are expected to be $92 300 per year for 12 years. Find the rate of return (correct to the nearest tenth of a percent).
Question 2
Use Excel's IRR function to answer the question.
The owner of a music store is considering remodelling the store in order to carry a larger inventory. The cost of remodelling and additional inventory is $43 200. The expected increase in net profit is $7000 per year for the next 3 years and $10 000 each year for the following 7 years. After ten years, the owner plans to retire and sell the business. She expects to recover the additional $40 000 invested in inventory but not the $43 200 invested in remodeling. Compute the rate of return.
The structure of stomatal guard cells affects their function.
How to calculate present value (Question 1)
Clock Trig Question
Calc homework question
Question 37 Part 2
Posterior pituitary function