If you wish to earn 10 percent more from your Microsoft shares next year, how much should you add to your current investment of 8.10, with an average annual rate of 5.80 percent?

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter16: The Markets For Labor, Capital, And Land
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If you wish to earn 10 percent more from your Microsoft shares next year, how much should you add to your current investment of 8.10, with an average annual rate of 5.80 percent?
Transcribed Image Text:If you wish to earn 10 percent more from your Microsoft shares next year, how much should you add to your current investment of 8.10, with an average annual rate of 5.80 percent?
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