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As in international manager in German company (in the Eurozone), four year ago on June 5, 2015, you invested on million Euro in a 4-year
As in international manager in German company (in the Eurozone), four year ago on June 5, 2015, you invested on million Euro in a 4-year business venture in UK, expecting a -return of 10% per year based on the foreign exchange quotations provided in the table below. the American term quotation on June 5, 2017 stood at $1.20/ and $2/.
a) what was the Euro-ROR over the entire 4-year investment you made?
b) what was the annual growth (or decline) rate of your Euro investment?
c) what was the Euro value of your investment on June 5, 2017?
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