rate of return on investment per annum
Hi,
I have gone thru the forum discusiions on simiar topics, but couldnt
understand much. appreciate your help with this query
1) i invest $100000 for 3 years one month today with reinvesment of interest
earned quaterly at the rate of 7.00% per annum. What wil be ultimate amount
at the end of the tenure?
2) I invest $100000 today in a scheme which will give me 250000 after 2
years. what is the rate of return here?
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