John, an investment adviser, tells Lisa that if she's willing to invest the amount of $ 1
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Question:
John, an investment adviser, tells Lisa that if she's willing to invest the amount of $ today, he can increase this investment by times in years. What annual rate of return is John promising on this investment?
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INSTRUCTIONS: Place your answer in PERCENTAGE form with at least decimal places. For example, an answer of three and onequarter percent is entered as and not as ALSO, DO NOT USE A PERCENT SIGN IN YOUR ANSWER. You should work your analysis using at least four decimal places of accuracy.
Related Book For
An Introduction to Management Science Quantitative Approach to Decision Making
ISBN: 978-1337406529
15th edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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