Question
Henry invested $7,500 exactly 2 years ago. In exactly 4 years from now, he expects his investment to be worth $13,900. If he is correct,
Henry invested $7,500 exactly 2 years ago. In exactly 4 years from now, he expects his investment to be worth $13,900. If he is correct, what would his compounded average annual growth rate be?
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W Melicher, Edgar Norton
13th Edition
0470128925, 9780470128923
