Finance: HPR,APR,EAR Bob just invested $150,000 to open Bob’s Bistro, an upscaleItalian eatery. The

Finance: HPR,APR,EAR Bob just invested $150,000 to open Bob’s Bistro, an upscaleItalian eatery. The | savvyessaywriters.org

Finance: HPR,APR,EAR Bob just invested $150,000 to open Bob’s Bistro, an upscaleItalian eatery. The table below shows the annual net profit’s ofBob’s Bistro. What was Bob’s APR for his investment? (Enter youranswer as a decimal, i.e. if your answer is 2.5%, enter .025 foryour response) Year 1 – $20,000 Year 2 – $35,000 Year 3 – $50,000Year 4 – $40,000 Year 5 – $15,000 . . .

 

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