If the value of Jane's retirement portfolio increased from $170,000 to $813,000 over a 1 5-year period,

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If the value of Jane's retirement portfolio increased from $170,000 to $813,000 over a 1 5-year period, with no deposits made to the account over that period, what annual rate of return did she make?


Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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