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2 year(s) ago, Theo invested 76,324 dollars.Hehas earned and will earn 14.76 percent per year in compound interest.If Ingrid invests 182,376 dollars in 3 year(s)
2 year(s) ago, Theo invested 76,324 dollars.Hehas earned and will earn 14.76 percent per year in compound interest.If Ingrid invests 182,376 dollars in 3 year(s) from today andearns simple interest, then how much simple interest per year must Ingrid earn to have the same amount of money in 7 years from today as Theo will have in 7 years from today?Answer as arate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
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