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If an investment I made grew from $3,500 to $20,000 in ten years, what effective rate did I earn?
If an investment I made grew from $3,500 to $20,000 in ten years, what effective rate did I earn?
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To calculate the effective rate of return on an investment we can use the following formula Effect...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
