Your grandmother deposited $10,000 in an investment account on the day you were born to help pay the tuition when you go to college. If the account was worth $50,000 seventeen years after she made the deposit, what was the rate of return on the account?
Your grandmother deposited $10,000 in an investment account on the day you were born to help pay the tuition when you go to college. If the account was worth $50,000 seventeen years after she made the deposit, what was the rate of return on the account?
Chapter2: Gross Income And Exclusions
Section: Chapter Questions
Problem 14MCQ
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Your grandmother deposited $10,000 in an investment account on the day you were born to help pay
the tuition when you go to college. If the account was
worth $50,000 seventeen years after she made the deposit, what was the
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