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    nininini's Avatar
    nininini Posts: 1, Reputation: 1
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    #1

    Sep 15, 2010, 12:16 AM
    Finding the annual rate of return?
    Suppose an investor buys 110 shares of stock at $118 per share and automatically reinvests at the rate of 1% per month. Find the annual rate of return
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 15, 2010, 02:47 AM

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
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