If that 55% return on investment (ROI) occurs over a decade, r = .55 and n = 10, so the annualized rate of return is 0.060 0.0448 0.070 0.050

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter9: Projecting Financial Statements
Section9.4: Estimating Additional Financing Needed To Support Growth
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If that 55% return on investment (ROI) occurs over a decade, r = .55 and n =
10, so the annualized rate of return is
0.060
0.0448
0.070
0.050
Transcribed Image Text:If that 55% return on investment (ROI) occurs over a decade, r = .55 and n = 10, so the annualized rate of return is 0.060 0.0448 0.070 0.050
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