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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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    https://brainmass.com/business/cash/dollar-return-weekly-investments-223607

    Solution Preview

    A company's weekly cash position is as follows:

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

    Solution Summary

    Response explains the steps to compute the dollar return.

    $2.19

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