suppose you invest $5,000 into a project and after 17 months yiu sell your share in this
Fantastic news! We've Found the answer you've been seeking!
Question:
suppose you invest $5,000 into a project and after 17 months yiu sell your share in this project for $7,000
A) Calculate the interest rate earned per month on this investment.
B) Calculate the effective annual yield of this investment
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: