Stanley roper has 2400 that he is looking to invest his, Ask an Expert

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Stanley Roper has $2,400 that he is looking to invest. His brother approached him with an investment opportunity that could give Patrick $4,600 in 4 years. What interest rate would the investment have to yield in order for Stanley’s brother to deliver on his promise? (Answer needs to be stated as a decimal.)

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Financial Management, Finance

Category:- Financial Management
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