Thirteen years ago, Bobby Axelrod invested $150,000. Today that investment is worth $823,862. What annual rate...
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Thirteen years ago, Bobby Axelrod invested $150,000. Today that investment is worth $823,862. What annual rate of return has Axelrod earned on this investment? Thirteen years ago, Bobby Axelrod invested $150,000. Today that investment is worth $823,862. What annual rate of return has Axelrod earned on this investment?
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To calculate the annual rate of return earned on the investment you can use the formula for c... View the full answer
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