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A friend of yours told you about a stock she has owned for a few years. She tells you that she originally invested $10,000 and
A friend of yours told you about a stock she has owned for a few years. She tells you that she originally invested $10,000 and the stock has averaged a compound annual return of 12%. The stock is now worth $15,735.20. For how many years has your friend owned the stock?
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Managerial Accounting Decision Making and Performance Management
Authors: Ray Proctor
4th edition
273764489, 978-0273764489
