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What is the effective rate of interest if $1,000 compounds to $1,331 in 3 years? The effective rate of interest, if $1,000 compounds to $1,331 in 3 years is ___%.
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What is the effective rate of interest if $1,000 compounds to $1,331 in 3 years?

The effective rate of interest, if $1,000 compounds to $1,331 in 3 years is ___%.

User Kasey Speakman
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1 Answer

6 votes

Answer:

10%

Explanation:

User Codaddict
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