What rate of interest compounded annually is involved if a. an investment of ($10),000 made now will

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What rate of interest compounded annually is involved if

a. an investment of \($10\),000 made now will result in a receipt of \($23\),674 ten years from now?

b. an investment of \($2\),000 made 18 years ago has increased in value to \($15\),380?

c. an investment of \($2\),500 made now will result in a receipt of \($4\),212 five years from now?

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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