Your grandfather placed $2,000 in a trust fund for you. In 10 years the fund will be worth $5,000. What is the rate of return on the trust fund?
A) 5.98%
B) 8.76%
C) 9.60%
D) 9.98%
E) 10.14%

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The Answer of Your grandfather placed $2,000 in a trust fund for you. In 10 years the fund will be worth $5,000. What is the rate of return on the trust fund?
A) 5.98%
B) 8.76%
C) 9.60%
D) 9.98%
E) 10.14%

Your Grandfather Placed $2,000 in a Trust Fund for You