Question
Determine the rate of return of the following investment considering an annual inflation rate of 2.3%. yes I want the rate (Use Excel or calculator).
Determine the rate of return of the following investment considering an annual inflation rate of 2.3%. yes I want the rate (Use Excel or calculator).
| Year | $ |
| 0 | -150,000 |
| 1 | 38,500 |
| 2 | 43,750 |
| 3 | 72,400 |
| 4 | 51,500 |
| 5 | 25,370 |
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Budgets And Financial Management In Higher Education
Authors: Margaret J. Barr, George S. McClellan
3rd Edition
1119287731, 9781119287735
