Business, 01.03.2021 22:20, sophandnoel15

Dire invested $10,000 today in an investment that has a maturity value of $13,500 in five years. If the interest is compounded annually, what is the annual rate of return earned on the investment? A. 7.8%
B. 8.2%
C. 6.2%
D. 4.5%
E. 9.5%

Answers: 1

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Dire invested $10,000 today in an investment that has a maturity value of $13,500 in five years. If...