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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
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 and round to one decimal place (e.g. 4.67%=4.7) Type your numeric answer and submit Suppose you deposited $13,000 into a savings account earning 1.4% interest. How long will it take for the balance to grow to $15,000 ? Answer in years rounded to one decimal place. Type your numeric answer and submit
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