Haniah buys stock in the ABC company, investing a total of ($ 13,000). After 20 years, the

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Haniah buys stock in the ABC company, investing a total of $\$ 13,000$. After 20 years, the stock is worth $\$ 132,293.49$, including reinvestment of dividends.

1. What is Haniah's return on investment?

2. What is Haniah's annual return?

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Contemporary Mathematics

ISBN: 9781711470559

1st Edition

Authors: OpenStax

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Question Posted: May 29, 2024 08:04 AM

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Haniah buys stock in the ABC company, investing a total of ($ 13,000). After 20 years, the

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Contemporary Mathematics

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