You currently have $8,700 to invest. You can invest the full amount now for a period of

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You currently have $8,700 to invest. You can invest the full amount now for a period of 9 years at which time you want to have $15,000. Approximately what rate of return is needed to accomplish this investment goal?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Oct 13, 2023 02:12 AM

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You currently have $8,700 to invest. You can invest the full amount now for a period of

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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