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Charles has been purchasing $25,000 worth of Liquid Ink stock annually for the past 11 years. His holdings are now worth $587,959. What is his
Charles has been purchasing $25,000 worth of Liquid Ink stock annually for the past 11 years. His holdings are now worth $587,959. What is his annual rate of return on this investment?
a.) 14.06 percent | ||
b.) 14.18 percent | ||
c.) 14.29 percent | ||
d.) 14.37 percent | ||
e.) 14.68 percent |
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