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Name: Three years after paying $3000 for shares in a startup company, you se
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Description: Three years after paying $3000 for shares in a startup company, you sell the shares for $2300 (at a loss). The total return is %? The annual return is %?

Math

Advanced Math

Three years after paying $3000 for shares in a startup company, you sell the shares for $2300 (at a loss). The total return is %? The annual return is %?

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter2: Equations And Inequalities

Section2.3: Models And Applications

Problem 23SE: Paul has $20,000 to invest. His intent is to earn11% interest on his investment. He can invest part...

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