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10 years ago A bought a share for 20$ and sold it today for 35$.What is the rate of profit he had from this investment. I thought to use PV=FV*FVIF where PV=35 and PV=20 and then calculate FVIF..is this right?
 2 years ago
 2 years ago
10 years ago A bought a share for 20$ and sold it today for 35$.What is the rate of profit he had from this investment. I thought to use PV=FV*FVIF where PV=35 and PV=20 and then calculate FVIF..is this right?
 2 years ago
 2 years ago

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angela210793Best ResponseYou've already chosen the best response.1
I don't get it O.o :(
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
Annam terms? what's that?
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
O.o What is it then? O.o
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
the return today i guess
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
:O how's that??? we've never solved a problem in this way O.o :( I'm gonna fail :(((((
 2 years ago

shegBest ResponseYou've already chosen the best response.1
oh in this question is discounting rate given ???
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
no...i wrote it exactly as it is written in my wbook....
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
is there any way solving this using PV or FV or anything like this?
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
:( ok thanks anyway :)))
 2 years ago

shegBest ResponseYou've already chosen the best response.1
see the thing which u were saying was including the interest factor right Future value = Present Value *(1 + K)^n 35 = 20*(1+k)^10 on solving this one u will get k = 0.0575 Rate of return = 5.75 %
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
I actually had this solved in my notebook and my teacher had solved this using PV=FV*PVIF
 2 years ago

shegBest ResponseYou've already chosen the best response.1
Future value = Present Value *(1 + K)^n 35 = 20*(1+k)^10 on solving this one u will get k = 0.0575 Rate of return = 5.75 %
 2 years ago

shegBest ResponseYou've already chosen the best response.1
first i had taken the layman's approach and in that i was ignoring the discounting factor
 2 years ago

shegBest ResponseYou've already chosen the best response.1
hey hang on you have written PV = FV * PVIF is that so
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
PV=20 FV=35 PVIF is wht i have to find...which means i waas right except the fact tht instead of writing PVIF i wrote FVIF
 2 years ago

angela210793Best ResponseYou've already chosen the best response.1
yea yea :) thanks :) going to eat now :) cya :)
 2 years ago

shegBest ResponseYou've already chosen the best response.1
^^^^^ see above i had solved that using discounting factor too above
 2 years ago
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