An investment of $10,000 goes down to $9,500 in four years. What is the average return per

Question:

An investment of $10,000 goes down to $9,500 in four years. What is the average return per year to the nearest hundredth of a percent?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introductory Business Statistics

ISBN: 202318

1st Edition

Authors: Alexander Holmes , Barbara Illowsky , Susan Dean

Question Posted: