Bond Franklin
04/18/2023 · Middle School
of retum is \( 5 \% \) what is the present value of this investment? 7. Rate of Return You invested \( \$ 5,000 \), and after 8 years, It grows to \( \$ 7,500 \). What is the annual rate of return on the investment? Use the RaIE function in Excel.
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The present value of the investment is approximately $7,142.86. The annual rate of return on the investment is approximately 5.20%.
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