Question the abc corporation has an investment opportunity, Ask an Expert

Economics

Question: The ABC Corporation has an investment opportunity that costs $75,000 and 5 years later pays a lump-sum amount of $103,000, what percent interest rate per would be earned on this investment. Calculate your answer to the nearest one-tenth of 1%.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92583290

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