Cranston Industries made an investment of $11,330. In return, the company will receive $23,255 at the end
Fantastic news! We've Found the answer you've been seeking!
Question:
Cranston Industries made an investment of $11,330. In return, the company will receive $23,255 at the end of year 9. How much interest will the company earn on this investment? Assume the interest is compounded annually.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: