Question
Your friend has been investing $4000 in stock at the end of every year for the past 8 years. If the account is currently
Your friend has been investing $4000 in stock at the end of every year for the past 8 years. If the account is currently worth $45,000, what was their annual return on this investment?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
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