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Posted on Jul 31, 2024

Suppose you currently have savings of $ 8 , 0 0 0 you will invest. If your goal is to have $ 1 0 ,

Suppose you currently have savings of $

8, 000

you will invest. If your goal is to have $

10, 000

after

3

years, what annual rate of return would you need to earn on your investment? Answer in percentage andround to one decimal place

(

.

. 4.67 % = 4.7)

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