Explore BrainMass

Explore BrainMass

    Solving Rate of Return with Excel

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Here is the info I have for the problem I need to solve:

    You have two investment opportunities. One will have a 10% rate of return on an investment of $500; the other will have an 11% rate of return on a principal of $700.

    You would like to take an advantage of the higher yield investment but have only $500 available.

    What is the maximum rate of return that you would pay to borrow the $200
    need to take advantage of the high yield investment?

    © BrainMass Inc. brainmass.com June 3, 2020, 10:35 pm ad1c9bdddf
    https://brainmass.com/business/business-math/solving-rate-return-excel-238880

    Solution Summary

    The expert solves the rate of return with excel.

    $2.19

    ADVERTISEMENT