An investor invests ($50),000 in an insurance product that is guaranteed to return ($75),000 in two years.
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An investor invests \($50\),000 in an insurance product that is guaranteed to return \($75\),000 in two years. What is the annual rate of return for the product?
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Related Book For
Foundations Of Real Estate Financial Modelling
ISBN: 9781138046184
2nd Edition
Authors: Roger Staiger
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