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What was the annual rate of return from the earliest purchase to the most recent sale? Correct FV=PV(1+R)N(1+R)N=PVFVR=(PVFV)N11=(561)3711=0.0699 Using a financial calculator: Using Excel (do

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What was the annual rate of return from the earliest purchase to the most recent sale? Correct FV=PV(1+R)N(1+R)N=PVFVR=(PVFV)N11=(561)3711=0.0699 Using a financial calculator: Using Excel (do not enter the thousands separators): = RATE(nper, pmt, pv, fv) =RATE(37,0,5,61) =0.0699 (if you get a rounded number, display more decimal places) Part 2 Attempt 1/10 for 1 pts. What was the annual rate of return from the purchase 12 years ago to the most recent sale

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