The Total Return on an investment is the relative change in the investment value over a given time period. Ending Value-Initial Value Total Return = Initial Value Ana pays $5,500 for shares in a new company. She sells the shares 10 years later for $15,500. What was her total return on this investment? Round your answer to the nearest tenth of a percent. The Total Return on Ana's investment is %
The Total Return on an investment is the relative change in the investment value over a given time period. Ending Value-Initial Value Total Return = Initial Value Ana pays $5,500 for shares in a new company. She sells the shares 10 years later for $15,500. What was her total return on this investment? Round your answer to the nearest tenth of a percent. The Total Return on Ana's investment is %
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
ChapterP: Prologue: Calculator Arithmetic
Section: Chapter Questions
Problem 10E: Heart Disease In a certain country, the number of deaths due to heart disease decreased from 235 in...
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