You would like to invest your current savings of $2200.So that it would grow to $3000 in

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You would like to invest your current savings of $2200.So that it would grow to $3000 in 3 years.

What simple interest rate would you need?

At 5% simple interest, how long would it take for $2200 to grow to $3000?

What principal invested today at 4% simple interest would grow to $3000 in 3 years?

Related Book For answer-question

Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Jul 14, 2023 02:19 AM

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Personal Finance Turning Money into Wealth

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