Warren buffet has been earning an annual rate of return of, Financial Management

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Warren buffet has been earning an annual rate of return of

Warren Buffet has been earning an annual rate of return of 20.5% since he started his investing company. Assume that Londo Mollari put a lump-sum $25,000 under Warren Buffet’s management since 1970, how much money would he have by Year 2010? FV = $43,393,221.

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