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Dollar return on the weekly investments

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4. A company's weekly cash position is as follows:

· Week 1 $24,000
· Week 2 $34,000
· Week 3 $10,000
· Week 4 $15,000

The annual interest rate for investments is 12% what dollar return can the company earn on these weekly investments.

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Response explains the steps to compute the dollar return.

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A company's weekly cash position is as follows:

· Week 1 $24,000
· Week 2 $34,000
· Week 3 $10,000
· Week 4 ...

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