Rod learned about bitcoin in 2016 he decided to create an


Rod learned about BitCoin in 2016. He decided to create an account that automatically deposits (invests) $20 every paycheck. He gets paid every two weeks, and deposits occured every other Friday starting August 5, 2016. His account costs him $5 per month and has a transaction fee of $1 per transaction. As of today, he has made 20 deposits. When he started buying, it was valued at $600 per 1 BitCoin. Today's value per BitCoin is $2040. Rod currently owns 0.892 BitCoins. Question: Was this a good investment? What was his return? Please include as many details as needed to get your point across.

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Financial Management: Rod learned about bitcoin in 2016 he decided to create an
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