Kizspy | Question: 35
(Choose 1 answer)
(20602) Interest rate: Trayne Rice has $3,000 to invest for three years. He wants to receive $5,000 at the end of the three years. What invest rate would his investment have to earn to achieve his goal? (Round to the nearest percent.)
Α. 19%
B. 21%
C. 13%
D. 16%
