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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Solution Summary
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 ...
Purchase this Solution
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