Question
You bought a painting 10 years ago as an investment. You originally paid $193,000 for it. If you sold it for $329,000, what is your
You bought a painting 10 years ago as an investment. You originally paid $193,000 for it. If you sold it for $329,000, what is your annual return on the investment? Assume annual compounding. (Round to 100th of a percent and enter your answer as a percentage, e.g., 12.34 for 12.34%)
Answer:
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Transportation A Global Supply Chain Perspective
Authors: John J. Coyle, Robert A. Novak, Brian Gibson, Edward J. Bard
8th edition
9781305445352, 1133592961, 130544535X, 978-1133592969
