Register

Currently, the US interest rate is at 2% annually. how long it will take an investor to make 10% of money from an investment if the bank pays simple interest

Currently, the US interest rate is at 2% annually. how long it will take an investor to make 10% of money from an investment if the bank pays simple interest
asked 230k views
0 votes
currently, the US interest rate is at 2% annually. how long it will take an investor to make 10% of money from an investment if the bank pays simple interest

asked
User Jens Madsen
by
8.7k points

1 Answer

5 votes

Answer:

5 years

Explanation:

answered
User Peter Reshetin
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!