Question: Determine the rate that would be earned on a $25,000 investment if $100,000 is paid back in 25 years. Based on your answer, what factors
Determine the rate that would be earned on a $25,000 investment if $100,000 is paid back in 25 years. Based on your answer, what factors would you consider in whether to invest or not.
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To determine the rate earned on a 25000 investment when 100000 is paid back in 25 years we can use the formula for compound interest Future Value FV P... View full answer
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