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  3. 9. an investment of $1000 grows to $2000 in 7 year

9. An investment of $1000 grows to $2000 in 7 years. What is the annual...

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9. An investment of $1000 grows to $2000 in 7 years. What is the annual rate of return on the investment? 10. Tom plans to save $2,000 for each of the next ten years, starting tonight when he will write his financial planner a check for $2,000. If Tom can earn a 10% annual return, what amount of money will he have at the end of the 10th year

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