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You have decided to invest $1,000 today. You expect to sell this investment in 10 years. There are no other cash flows other than $1,000

You have decided to invest $1,000 today. You expect to sell this investment in 10 years. There are no other cash flows other than $1,000 today and your expected sales price in 10 years. What would the compound annual rate of return be if you hoped to double your investment? Triple your investment? Quadruple your investment? What would your answer be to tripling your money if your time horizon was extended to 30 years?

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