What rate of interest company earn on simple interest basis, Microeconomics

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What rate of interest company earn on simple interest basis

Problem

A company invested $450,000 ten years ago in a new technology that is now worth $1,000,000. What rate of interest did the company earn on a simple interest basis?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What rate of interest company earn on simple interest basis

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Microeconomics: What rate of interest company earn on simple interest basis

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