An investment today of $3,3OO is worth $10,000 IN 8 YEARS. At what rate has your investment been gr


An boarding today of $3,3OO is value $10,000 IN 8 YEARS. At what reprove has your boarding been growing(annually) aggravate the eight years ? For compounding reprove of return: 3300*(1+r)^8 = 10000. so (1+r)^8 = 10000/3300 = 3.0303 My calculator has a nth source trifle -- so 1+r=1.14864 so r=14.864%. (extraneously an nth source trifle, you can easily get there after a while successive approximations using colossus affect an EXCL spreadsheet or a index calculator).