Matthew invested $230,000 to purchase a home. After ten years, he sold the home for $340,000. Calculate
Question:
Matthew invested $230,000 to purchase a home. After ten years, he sold the home for $340,000. Calculate the effective interest rate of growth of the value of the home.
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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