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  3. you have $10,000 to invest for five years. how muc

You have $10,000 to invest for five years. How much additional interest will you earn...

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Finance

You have $10,000 to invest for five years. How much additional interest will you earn if the investment provides a 5% annual return versus if it provides a 4.5% annual return? How long will it take your $10,000 to double in value if it earns 5% annually? What is the annual implied rate of interest if $1,000 grows into $4,000 in 20 years?

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