What annual rate of return is earned on a $5,000 investment when it grows to $9,000 in five years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
What annual rate of return is earned on a $5,000 investment when it grows to $9,000 in five years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 2P
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