What average annual rate of return will rishi earn

Reference no: EM133264431

His investment counselor suggests that Rishi should buy an investment that pays no interest but will be worth ?$3,900 after 10 years.

a. What average annual rate of return will Rishi earn with this? investment ? b. Rishi is considering another? investment, of equal? risk, that earns an annual return of 1.37?%

Which investment should he? make, and? why?

Reference no: EM133264431

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