Exhibit 13.1

-Refer to Exhibit 13.1,which shows the expected rate of return on investment undertaken by a firm.At an interest rate of 8 percent,investment will equal approximately _____

Question

Exhibit 13.1
 
-Refer to Exhibit 13.1,which shows the expected rate of return on investment undertaken by a firm.At an interest rate of 8 percent,investment will equal approximately _____

Quizplus · Accepted Answer

At an interest rate of 8 percent, the investment curve intersects at a point that represents an investment level of approximately $500,000. This is determined by finding the point on the graph where the interest rate of 8 percent meets the investment curve and then tracing down to the corresponding investment amount on the horizontal axis.

Exhibit 13.1 -Refer to Exhibit 13.1,which Shows the Expected Rate of Return