If a $30,000 investment doubled to $60,000 in 7 years, what was the investment's effective annual yield?

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: 899603
Joined: Mon Aug 02, 2021 8:13 am

If a $30,000 investment doubled to $60,000 in 7 years, what was the investment's effective annual yield?

Post by answerhappygod »

If A 30 000 Investment Doubled To 60 000 In 7 Years What Was The Investment S Effective Annual Yield 1
If A 30 000 Investment Doubled To 60 000 In 7 Years What Was The Investment S Effective Annual Yield 1 (5.1 KiB) Viewed 34 times
show work please
If a $30,000 investment doubled to $60,000 in 7 years, what was the investment's effective annual yield?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply