Find what was the rate of return on the investment

Reference no: EM13238298

An investment of $5000 in Biotech common stock proved to be very profitable. At the end of 3 years the stock was sold for $25000. What was the rate of return on the investment?

Reference no: EM13238298

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Find what was the rate of return on the investment : An investment of $5000 in Biotech common stock proved to be very profitable. At the end of 3 years the stock was sold for $25000. What was the rate of return on the investment

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