You’re trying to choose between two different investments, both of which have up-front costs of $93,000. Investment G returns $158,000 in 6 years. Investment H returns $278,000 in 13 years. Calculate the rate of return for each of these investments. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Rate of Return

Investment G___ %

Investment H_____ %

Answer rating: 100% (QA)

Solution INVESTMENT G 158000 is the Future v... View the full answer