Posted on August 22, 2018Active
For an investment of $26,245, a quarterly statement reports that the account balance is $26,292. The statement also reports that for the same quarter, the rate of return on the investment was -0.02%. Given the information regarding the investment’s current balance, does the reported rate of return seem reasonable? Use complete sentences to explain your answer.
Adjunct Professor, Tutor, and Online Teacher
Copyright © AssignmentMe. 2021. All rights reserved.