Register
4. You have $3,000 and want to double it in 5 years. What rate of return must your investment earn to achieve your goal?
80.2k views
4 votes
4. You have $3,000 and want to double it in 5 years. What rate of return must your

investment earn to achieve your goal?

User Galuoises
by
7.8k points

1 Answer

1 vote

Answer:

4.3% , 645 ÷ 5 = 129, 4.3% of 3000 is 129

Explanation:

User SaboSuke
by
8.4k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!