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1 year(s) ago, Liam invested 26,668 dollars. He has earned and will earn 12.3 percent per year in compound interest. If Zoey invests 47,298 dollars
1 year(s) ago, Liam invested 26,668 dollars. He has earned and will earn 12.3 percent per year in compound interest. If Zoey invests 47,298 dollars in 2 year(s) from today and earns simple interest, then how much simple interest per year must Zoey earn to have the same amount of money in 6 years from today as Liam will have in 6 years from today? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
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