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Homework answers / question archive / The Milken Company is offering you an investment that promises you $10,000 at the end of 5 years if you invest $ 7,004 today
The Milken Company is offering you an investment that promises you $10,000 at the end of 5 years if you invest $ 7,004 today. What is the annual return on this investment? (Compute your answer as a percent rounded to 2 decimal places. Record without a percent sign. For example, record .0848765 = 8.48765% as 8.49)Your Answer:
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