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If You Are Able to Earn a 15% Rate of Return

question 2

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If you are able to earn a 15% rate of return what amount would you need to invest to have $15000 one year from now?


Definitions:

Crowdsourcing

The method of gathering information, ideas, or content by requesting input from a wide audience, particularly from those in an online community.

Clearly Stated

Explicitly articulated or expressed in a manner that leaves little to no room for misunderstanding or ambiguity.

Evidence-based Management

An approach to making managerial decisions and organizational practices based on the best available evidence from various sources, including scientific research and business data.

Copious Amounts

Large quantities or volumes of something, often more than what is considered normal or necessary.

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