Assume you have $100,000. What would you do to double it in 1 year? Briefly explain. | Homework.Study.com (2024)

Question:

Assume you have $100,000. What would you do to double it in 1 year? Briefly explain.

Investment Rate of Return:

The rate of return of an investment is the percentage of growth invested capital returns. The rate of return is typically measured annually allowing for simple comparison of different assets and securities. Higher rates of return are typically associated with higher-risk investments.

Answer and Explanation:

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Doubling $100,000 through investment would likely require an extremely high-risk investment. Historical rates of return for moderate-risk securities...

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Assume you have $100,000. What would you do to double it in 1 year? Briefly explain. | Homework.Study.com (2024)
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