Question
Claudia invested$2,000 at the end of the year for each of the last five years . By the end of the fifthyear, she had accumulated$11,500.
Claudia invested$2,000 at the end of the year for each of the last five years . By the end of the fifthyear, she had accumulated$11,500. Her compound annual rate of returnwas:
A. 7%
B. 15%
C. 6%
D. 3%
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
