A woman made ten annual end-of-the-year purchases of 1000


A woman made ten annual end-of-the-year purchases of $1000 of common stock. At the end of the tenth year, she sold all the stock for $12000.  What interest rate did she obtain on her investment?

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Financial Management: A woman made ten annual end-of-the-year purchases of 1000
Reference No:- TGS01037068

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