An investment promises to pay $930 per year forever with the first payment one year from...
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An investment promises to pay $930 per year forever with the first payment one year from now. If its value is $9,990, what rate of return are you earning on this investment? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below (rounded to 2 decimal places). Number % An investment promises to pay $930 per year forever with the first payment one year from now. If its value is $9,990, what rate of return are you earning on this investment? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below (rounded to 2 decimal places). Number %
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