Third state bank wants to add a new branch office. it has determined that the cost of construction of the new facility will be $1.5 million with another $500,000 in organizational costs. the bank has estimated that it will generate $319,522 per year in net revenues. if the new branch is expected to last 20 years, what is the expected rate or return on this investment? (round to the nearest whole percent)

a. 6 percent
b. 21 percent
c. 15 percent
d. 32 percent
e. 25 percent
can you provide a step-by-step process and the functions to solve this problem on a financial calculator

To be able to better compare stock performance within the same industry, similar companies are grouped into? a)market sectors b) industry blocks c) performance sectors d) average earning blocks

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be:

When making a major purchase, i often spend months to learn all the issues?