How many years will it take 2 million to grow to 700


How many years will it take $2 million to grow to $7.00 million with an annual interest rate of 8 percent? What annual rate of return is earned on a $5,000 investment when it grows to $8,500 in five years?

 

 

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Finance Basics: How many years will it take 2 million to grow to 700
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