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Solving for Rates

You invested $3,000 in the stock market one year ago. Today, the investment is valued at $3,630.

What return did you earn?

Return earned %

What return would you suffer next year for your investment to be valued at the original $3,000? (Negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Return earned %

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92851993

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