Question: Suppose your investments earned a 9 . 5 % return last year. What return would you need this year so that you would end up

Suppose your investments earned a 9.5% return last year. What return would you need this year so that you would end up earning a total return of 14.3% over those two years? Answer in percent showing one decimal place.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!