At what annual interest rate would the following have to be invested? a. $500 to grow to
Question:
a. $500 to grow to $1,948.00 in 12 years
b. $300 to grow to $422.10 in 7 years
c. $50 to grow to $280.20 in 20 years
d. $200 to grow to $497.60 in 5 years
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a FV n PV 1 i n 1948 500 1 i 12 3896 1 i 12 3896 112 1 i 112 1i i 0...View the full answer
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Related Book For
Financial Management Principles and Applications
ISBN: 978-0133423822
12th edition
Authors: Sheridan Titman, Arthur Keown, John Martin
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