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What interest rate would you need to get if you want $10,000 to grow to $25,000 in just 4 years assuming it is simple interest growth?
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What interest rate would you need to get if you want $10,000 to grow to $25,000 in just 4 years assuming it is simple interest growth?

User Linamnt
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1 Answer

5 votes

Answer:

3.75%

Explanation:

Kindly find attached the solution.

What interest rate would you need to get if you want $10,000 to grow to $25,000 in-example-1
User Odiseo
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