Compute the annual rate of return on investment


Would you be willing to invest $500 today in exchange for $10,000 in 30 years? What would be the key considerations in answering yes or no? Would your answer depend on who is making the promise to repay? For purpose of comparison, compute the annual rate of return on this investment.

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Accounting Basics: Compute the annual rate of return on investment
Reference No:- TGS080448

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