Question
How do I calculate the rate of return? i can't figure out exact formula. I get 150004.76% for investment x and 12.26% for investment y.
How do I calculate the rate of return? i can't figure out exact formula. I get 150004.76% for investment x and 12.26% for investment y.
INVESTMENT X
STARTING MV $20,000
ENDING MV $21,000
CASH FLOW $1,500
ANSWER?? 150004.76%
INVESTMENT Y
BEGINNING MV $55,000
ENDING MV $55,000
CASH FLOW $6,800
ANSWER: 12.36% ?
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Algebra and Trigonometry
Authors: Ron Larson
10th edition
9781337514255, 1337271179, 133751425X, 978-1337271172
