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angela210793
 3 years ago
10 years ago A bought a share for 20$ and sold it today for 35$.What is the rate of profit he had from this investment. I thought to use PV=FV*FVIF where PV=35 and PV=20 and then calculate FVIF..is this right?
angela210793
 3 years ago
10 years ago A bought a share for 20$ 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?

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angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1I don't get it O.o :(

angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1Annam terms? what's that?

angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1O.o What is it then? O.o

angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1the return today i guess

angela210793
 3 years ago
Best 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 :(((((

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

angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1no...i wrote it exactly as it is written in my wbook....

angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1is there any way solving this using PV or FV or anything like this?

angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1:( ok thanks anyway :)))

sheg
 3 years ago
Best ResponseYou've already chosen the best response.1see 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 %

angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1I actually had this solved in my notebook and my teacher had solved this using PV=FV*PVIF

sheg
 3 years ago
Best ResponseYou've already chosen the best response.1Future 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 %

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

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

angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1PV=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

angela210793
 3 years ago
Best ResponseYou've already chosen the best response.1yea yea :) thanks :) going to eat now :) cya :)

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