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You Have $10,000 to invest for five years. How much additional interest will you earn if the investment provides a 5% annual return , when
- You Have $10,000 to invest for five years.
- How much additional interest will you earn if the investment provides a 5% annual return , when compared to a 4.5% annual return?
- How long will it take your $10,000 to double in value if it earns 5% annually?
- What annual rate has been earned if $1,000 grows into $4,000 in 20 years?
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To compare the two scenarios 1 With a 5 annual return youd earn 500 interest per year ...Get Instant Access to Expert-Tailored Solutions
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