Give your answer as a percentage, accurate to three decimal places. Over the first five years your investment has the following yearly rates of return: 3% -7% 4% -5% 15% What is your total return over these five years? % What is your average rate of return over these five years?
Give your answer as a percentage, accurate to three decimal places. Over the first five years your investment has the following yearly rates of return: 3% -7% 4% -5% 15% What is your total return over these five years? % What is your average rate of return over these five years?
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.S: Summary
Problem 8S: What interest rate would you need to get to double an investment of 200 in eight years?
Related questions
Question
Give your answer as a percentage, accurate to three decimal places.
Over the first five years your investment has the following yearly rates of return:
3% -7% 4% -5% 15% |
What is your total return over these five years?
%
What is your average rate of return over these five years?
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