Brendan was given a gold coin originally purchased for 1 by, Ask an Expert

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Brendan was given a gold coin originally purchased for $1 by his great grandfather 50 years ago. Today the coin is worth $450. Determine the rate of return (interest rate) realized from the original $1 investment to the future value of $450. (You are solving for i, interest rate)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91270389

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