Shares bought on 1 January 19X2 for 2,000 were sold on 31 December 19X5 for 3,158. What

Question:

 Shares bought on 1 January 19X2 for £2,000 were sold on 31 December 19X5 for

£3,158. What was the rate of annual compound interest on the investment?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Accounting

ISBN: 9780273619826

7th Edition

Authors: Frank Wood, Alan Sangster

Question Posted: