What rate of return per year did company make
A company that manufactures general-purpose transducers invested $2 million 5 years ago in high-yield bonds. If the bonds are now worth $2.8 million, what rate of return per year did the company make on the basis of compound interest.
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If the bonds are now worth $2.8 million, what rate of return per year did the company make on the basis of compound interest.
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