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Problem 5-37 Calculating Rates of Return [LO 4] You're trying to choose between two different investments, both of which have up-front costs of $95,000. Investment
Problem 5-37 Calculating Rates of Return [LO 4] You're trying to choose between two different investments, both of which have up-front costs of $95,000. Investment G returns $160,000 in 8 years. Investment H returns $280,000 in 15 years. Calculate the rate of return for each of these investments. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Rate of Return Investment G Investment H 4.00 % 1.24 3%
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