Question
You deposited $1000 in a mutual fund each year for the past seven years.Your account balance is $9,000.What annual rate return did you realize?Answer in
You deposited $1000 in a mutual fund each year for the past seven years.Your account balance is $9,000.What annual rate return did you realize?Answer in percent and round to one hundredth of a percent.
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
