Brian purchased 10 shares of an aggressive growth mutual fund at $90 per share, for a total of $900, 7 years ago. Today he sold all 10 shares for $4,500. What was his average annual compound rate of return on this investment before tax?
1 answer:
Answer:
$514 give or take. I could be wrong so you might want some confirmation on my answer before putting it on your test or what ever you need it for because i'm only in Middle School.
Step-by-step explanation:
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| X | 1 | 2 | 4 | 5 | 10 | | Y | 4 | 8 |16|20| 40 |
Answer:
the second description and and expression is correct
Step-by-step explanation:
the first one is wrong because it says 7 minus while it should be minus 7
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Answer:
78%
Step-by-step explanation:
% increase = Increase ÷ Original Number × 100
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