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Gilbert, has been known to stretch the truth. He once said he caught a 4 0 pound bass in the lagoon near the Vietnam memorial
Gilbert, has been known to stretch the truth. He once said he caught a pound bass in the lagoon near the Vietnam memorial at the Milwaukee waterfront. He also said that he invested $ six years ago and that this investment is worth $ today! For this to be true, approximately what annual rate of return did he have to earn? Assume the interest compounds annually.
Use the below table if you wish to copy the data into Excel.
Amount invested $
Current Value of Investment $
Weight of the bass lbs
Years Invested
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