What annual rate of return is earned on a 1000 investment


What annual rate of return is earned on a $1,000 investment when it grows to $3,400 in seven years? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Solution Preview :

Prepared by a verified Expert
Business Management: What annual rate of return is earned on a 1000 investment
Reference No:- TGS02528831

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)