1. 1-
2. you buy a certificate of deposit from state bank for 5000 and the bank promises to pay you 5850 n five year. what interest rate is the bank offering?
3. 2-
4. you bought a share of stock for $250 at the beginning of the year. it paid a dividend of 10 and you sold it for $190 at the end of the year. what is your rate of return for the year?

Answer rating: 100% (QA)

ANSWER AND EXPLANATION 1The interest rate offered by the ban... View the full answer