Lily is going to invest $750 and leave it in an account for 18 years. Assuming...
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Lily is going to invest $750 and leave it in an account for 18 years. Assuming the interest is compounded daily, what interest rate, to the nearest tenth of a percent, would be required in order for Lily to end up with $1,180 ? Lily is going to invest $750 and leave it in an account for 18 years. Assuming the interest is compounded daily, what interest rate, to the nearest tenth of a percent, would be required in order for Lily to end up with $1,180 ?
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Given that Principle amount P Net required future amount FA 11... View the full answer
Related Book For
College Algebra Graphs and Models
ISBN: 978-0321845405
5th edition
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
Posted Date:
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