Your friend is starting a new pizza restaurant. He promises you will make so much money. He

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Your friend is starting a new pizza restaurant. He promises you will make so much money. He is asking for $450,000 today and will be able to pay you $150,000, $55,000, $100,000, $55,000, and $50,000 over the next 5 years.

What will be your annual return on this investment?

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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Posted Date: Jun 14, 2023 06:13 AM

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Your friend is starting a new pizza restaurant. He promises you will make so much money. He

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The formula for annualized return on investment is Annualized Return Ending Value Beginning Val... View the full answer

Data Analysis and Decision Making

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