What is the rate of return on the trust fund

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Question - Your grandfather placed $5,000 in a trust fund for you. In 35 years, the fund will be worth $10,000. What is the rate of return on the trust fund, if interest is compounded quarterly?

Reference no: EM131894580

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What is the rate of return on the trust fund : Your grandfather placed $5,000 in a trust fund for you. In 35 years, the fund will be worth $10,000. What is the rate of return on the trust fund
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