If a firm invests amount p0 at an interest rate of r%, then a year later invests amount p1 at the same rate, then the total amount at the end of two years is given by the formula = p0(1+r)^0.5 + p1(1+r). a firm invests $1000, then a year later invests an additional $2400. at the end of two years, it has a total of $3623. what is the interest rate?

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.