Suppose you invest 2736 today to start a business in 9


Suppose you invest $ 2736 today to start a business. In 9 years you hope to sell this company for $ 19281. What would be your annualized rate of return?

Express your answer as a percentage, rounded to the first decimal, and without the ‘%’ sign. So, for example, if the numeric answer is 0.0456, this is equivalent to 4.56%, so just write 4.6.

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Financial Management: Suppose you invest 2736 today to start a business in 9
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