Elizabeth has 35000 in an investment account but she wants, Ask an Expert

Economics

Elizabeth has $35,000 in an investment account, but she wants the account to grow to $100,000 in 10 years without making any additional contributions to the account. What effective annual rate of interest does she need to earn on the account to meet her goal?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9305755

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