Question
Angeles Arcizo s car value has depreciated from $270,700.00 to $168,950.00 in 12 years. With tri-annually compounding, what is the annualized rate of loss/decline (CAGR)?
Angeles Arcizo s car value has depreciated from $270,700.00 to $168,950.00 in 12 years. With tri-annually compounding, what is the annualized rate of loss/decline (CAGR)?
| a. -3.9028% | ||
| b. -15.6112% | ||
| c. 0.4394% | ||
| d. -1.2841% |
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Principles Of Investments
Authors: Alan Marcus, Zvi Bodie, Michael Drew, Anup Basu, Alex Kane
1st Edition
0071012389, 978-0071012386
