Suppose your uncle invested $126,000 in an investment 4 years ago. The investment is worth now $237,500.
Fantastic news! We've Found the answer you've been seeking!
Question:
Suppose your uncle invested $126,000 in an investment 4 years ago. The investment is worth now $237,500. The annual interest rate (rate of return) on the investment during this period must be ______% per year.
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date: