Question: You have $ 2 0 , 0 0 0 to invest for 1 0 years. a . How much additional interest will you earn if

You have $20,000 to invest for 10 years.
a. How much additional interest will you earn if the investment provides a 10% annual return, compared to a 8% annual return?
b. How long will it take your $20,000 to double in value if it earns 10% annually?
c. What annual rate has been earned if $5,000 grows into $8,000 in 10 years?

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