1 what is the future value of 650 deposited for one year, Ask an Expert

Finance

1. What is the future value of $650 deposited for one year earning an 10 percent interest rate annually?

2. Please show how to use the Rate function in Excel. My formula is not working: =RATE(B10,B11,B9,B8,0)

If you bought a stock for $45 dollars and could sell it fifteen years later for three times what you originally paid. What was your return on owning this stock?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92791594

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