Katmcfee2872 Katmcfee2872
  • 11-10-2017
  • Business
contestada

Assume that in 2014, an 1872 $20 double eagle sold for $17,200. what was the rate of return on this investment?

Respuesta :

Kalahira
Kalahira Kalahira
  • 21-10-2017
The rate of return on an 1872 $20 double gold eagle that sold for $17,200 in 2014 was $17,180 over 142 years. That is, there was a profit of nearly $121 per year since the gold eagle was bought for just $20 in 1872, and then resold for $17,200 in 2014.
Answer Link

Otras preguntas

How can I tell if a set of bivariate data shows a linear relationship?
How many more acres were grown in 1996 than in 1986?Estimate to check the reasonableness of your answer.
I need help! John's approval rating is an average based upon four categories. What is his overall weighted rating if the following is true? Category 1: 450 poi
what are three American ideals
Answer please I did not get it please the missing answers
Solve the equation to find a positive value of c: 62 + 82 = c2
Which form of carbon would make the best cutting or drilling tool? a. coal b. graphite c. diamond d. buckminsterfullerene
I'm so confused... please help
Mr. Jones took a survey of college students and found that 80 out of 89 students are liberal arts majors. If a college has 10,407 students, what is the expected
If you have a cold that causes congestion in your sinuses, how might that affect your sense of smell?