Question: Please how do i solve this problem. Your neighbor is asking you to invest in a venture that will double your money in 6 year(s).
Please how do i solve this problem.
Your neighbor is asking you to invest in a venture that will double your money in 6 year(s). Compute the annual rate of return that he is promising you? (Record your answer as a percent rounded to 1 decimal place; for example, record .186982 = 18.7% as 18.7).
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
