Question: Please use Excel spreadsheet and show formulas input. 27. Ray Seo has $5,000 to invest in a small business venture. His partner has promised to

Please use Excel spreadsheet and show formulas input. 27. Ray Seo

Please use Excel spreadsheet and show formulas input.

27. Ray Seo has $5,000 to invest in a small business venture. His partner has promised to pay him back $8,200 in 5 years. What it the return earned on this investment? a) 8.7% b) 9.3% c) 11.1% d) 10.4%

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