A woman made 10 annual end-of-year purchases of 1500 worth


A woman made 10 annual end-of-year purchases of $1500 worth of common stocks. The stock paid no dividends. Them after holding the stock for 5 years, she sold all the stock for $38,000. What interest rate did her investment earn?

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Business Economics: A woman made 10 annual end-of-year purchases of 1500 worth
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