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What is the rate of return that indra is being promised

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Reference no: EM132826668

Question - Indra wants to invest $50,000 in a business that his brother is starting. He will quadruple his investment in seven years, according to his brother. What is the rate of return that Indra is being promised.

a. 10.41%

b. 16.99%

c. 21.90 %

d. 25.99%

e. 25.89%

Reference no: EM132826668

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