Business, 16.07.2021 03:40 amselah3571
A well-known financial writer argues that he can earn 101 percent per year buying wine by the case. Specifically, he assumes that he will consume one $10 bottle of fine Bordeaux per week for the next 12 weeks. He can either pay $10 per week or buy a case of 12 bottles today. If he buys the case, he receives a 7 percent discount and, by doing so, earns the 101 percent. Assume he buys the wine and consumes the first bottle today.
Calculate the EAR. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
EAR %
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 22:30, Renabelle6350
Acompany determined that the budgeted cost of producing a product is $30 per unit. on june 1, there were 80,000 units on hand, the sales department budgeted sales of 300,000 units in june, and the company desires to have 120,000 units on hand on june 30. the budgeted cost of goods sold for june would be
Answers: 1
Business, 22.06.2019 20:20, martinezarielys17
As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage
Answers: 2
You know the right answer?
A well-known financial writer argues that he can earn 101 percent per year buying wine by the case....
Questions in other subjects:
History, 17.07.2019 04:00
Mathematics, 17.07.2019 04:00
History, 17.07.2019 04:10
English, 17.07.2019 04:10
Health, 17.07.2019 04:10
