How can determine the nominal annual rate of return


Betson Enterprises distributes and markets Big Buck video game, which allows players to "hunt" for the antelope, elk, moose, and the bucks without shivering outside in cold. E-sports Entertainment in the NYC purchased five machines for $6300 each and took in an average of $610 per week in sales. For a study period of 3 years,

1. How can determine the nominal annual rate of return?

2. How can calculate the effective annual rate of return?

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Macroeconomics: How can determine the nominal annual rate of return
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