SOLUTION: What is the rate of return when I have sowed $176 and received 316 back?
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Question 1079814
:
What is the rate of return when I have sowed $176 and received 316 back?
Answer by
rapture(86)
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Let R = rate of return
R = (current value - original value)/(original value)
Let $176 = original value
Let $316 = current value
Plug into the above formula to find your answer.