Question
Investor A is going to invest $500,000 in a real estate opportunity. She expects to triple her money in 4 years. Investor B is considering
Investor A is going to invest $500,000 in a real estate opportunity. She expects to triple her money in 4 years. Investor B is considering a different investment and has $100,000 to invest. He thinks his money will grow and be worth $300,000 in 4 years. Calculate the rate of return for Investor A and for Investor B assuming annual compounding.
Investor A is going to invest $500,000 in a real estate opportunity. She expects to triple her money in 4 years. Investor B is considering a different investment and has $100,000 to invest. He thinks his money will grow and be worth $300,000 in 4 years. Calculate the rate of return for Investor A and for Investor B assuming annual compounding.
Investor A earns 32% and Investor B earns 32%
Investor B earns 30.95% and Investor A earns 29.44%
Investor A earns 30.95% and Investor B earns 29.44%
Investor A earns 31.61% and Investor B earns 31.61%
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