How much money will you have at years end

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Reference no: EM131234059

A project returned +50%, then -40%.

Thus, its arithmetic average rate of return was +5%. Is your rate of return positive or negative?

Question:

An investment for $50,000 earns a rate of return of 1% in each month of a full year. How much money will you have at year's end?

Reference no: EM131234059

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