Question: Could you please find a solution on excel and show me how can fix state insterest period 8. If we want to turn $500 into

Could you please find a solution on excel and show me how can fix state insterest period
Could you please find a solution on excel and show me how

8. If we want to turn $500 into $1000 over a period of 3 years, at what interest rate would we have to invest it? PLEASE STATE INTEREST PERIOD in your answers. Finding RATE Given PMT, FV and NPER FRATE/3;500;1000) 25.99%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!