What rate of return will give me a 10x return in 7 years?

If I have $100 and I'd like to have $1,000 at the end of 7 years what rate of return would I need to get?

2007-02-02 18:07:55 · 2 answers · asked by jpbischke 1 in Business & Finance ➔ Investing

38.95%. Good luck.

2007-02-03 00:52:18 · answer #1 · answered by Joe 2 · 0⤊ 0⤋

about 40% per year...forget about it

2007-02-03 02:30:40 · answer #2 · answered by bob shark 7 · 1⤊ 0⤋

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