Answer to Question #217868 in Finance for Beauty Magadlela

Question #217868

Years After-tax income R

1 200 000

2 500 000

3 300 000

4 400 000

5 700 000

6 300 000

If the average rate of return is 8,421%, then the original investment (rounded off to the nearest R1 000) was [1] R2 400 000. [2] R4 750 000. [3] R40 000. [4] R1 497 000. [5] none of the above.


1
Expert's answer
2021-07-21T08:50:00-0400
Dear Beauty Magadlela, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

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