HaleymPrice1 HaleymPrice1
  • 04-06-2020
  • Mathematics
contestada

Your initial investment of $20,000 doubles after 10 years. If
the bank compounds interest quarterly, what is your interest
rate?

Respuesta :

Debbie666
Debbie666 Debbie666
  • 04-06-2020

Answer:

2,000

20,000 *10 /100

this is the answer and this is how to solve it

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