
Whats the break even point in my investment strategies?
My math is a little rusty and I know someone should be able to come up with an answer to this algebraic equation.
I’m trying to find out the break even point between two investment strategies. The first requires an initial investment of 4000 with a higher rate of return at 47% annually while the other has no initial investment but only yields 7% return annually.
Please try to explain how you came to your conclusion. Thanks!!
I hope the strategy that gets 47% annually isn’t something that you believe to be real. If so then you’re probably in for quite a roller-coaster ride with a very rude awakening at the end.
Investment Strategy
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