You invest 1000 for a 3 year period in the first year you, Ask an Expert

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You invest $1000 for a 3 year period. In the first year you receive a 4% return, in the second year you get a 5% return, and in the third year you get a -2% return. How much money do you have at the end of the third year? What is your effective annual return?

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Financial Management, Finance

Category:- Financial Management
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