For the following diagram, assume P= $600 and A= $1200. Compute the rate of r (%): 0 1 2 3 4 5 6 7 8 9 The answer is close to O 12 10 789 11 12 13 14 15 16 17 18 19 20 ^ ^ ^ ^ ^ ^ ^ ^ ^ 5000 .n=co

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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For the following diagram, assume P= $600 and A= $1200. Compute the rate of return
(%):
0
The answer is close to
O
1 2 3 4 5 6 7 8 9
12
16
O 18
O
14
10
A
11 12 13 14 15 16 17 18 19 20
5000
n=co
Transcribed Image Text:For the following diagram, assume P= $600 and A= $1200. Compute the rate of return (%): 0 The answer is close to O 1 2 3 4 5 6 7 8 9 12 16 O 18 O 14 10 A 11 12 13 14 15 16 17 18 19 20 5000 n=co
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