Solution-What interest rate would the investment have

What interest rate would the investment have

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Question - Stanley Roper has $2,500 that he is looking to invest. His brother approached him with an investment opportunity that could give Patrick $4,800 in 4 years. What interest rate would the investment have to yield in order for Stanley's brother to deliver on his promise?

Reference no: EM132828412

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What interest rate would the investment have

Reference no: EM132828412

Reference no: EM132828412

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