If I invest $50,000 today for 5 years and it grows to $80,550, what rate of interest have I received? a. 5% b. 10% c. 6%

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

If I invest $50,000 today for 5 years and it grows to $80,550, what rate of interest have I received? a. 5% b. 10% c. 6%

Post by answerhappygod »

If I Invest 50 000 Today For 5 Years And It Grows To 80 550 What Rate Of Interest Have I Received A 5 B 10 C 6 1
If I Invest 50 000 Today For 5 Years And It Grows To 80 550 What Rate Of Interest Have I Received A 5 B 10 C 6 1 (14.68 KiB) Viewed 42 times
If I invest $50,000 today for 5 years and it grows to $80,550, what rate of interest have I received? a. 5% b. 10% c. 6% d. 12%
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”