One year ago you invested 3480 today it is worth 370050


One year ago, you invested $3,480. Today it is worth $3,700.50. What rate of interest did you earn?

What is the formula to figure this out?

Solution Preview :

Prepared by a verified Expert
Finance Basics: One year ago you invested 3480 today it is worth 370050
Reference No:- TGS01549115

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)