Hello,

I purchased a property 28 years ago for $148,000

It was sold for $2,420,000.

What is the annualised return for the period?

How do you calculate it.

Thank you

Regards

corvo45

I use a HP 12C hand held calculator. If you put in your 148k as PV or present value, 336 months as n or amortization and 2,420,000 as FV future value and make it a negative number, it will tell you that over 336 months that is a 10.2% yield.