Question: Help Save&Exit Check my Brief Exercise 6-5 Present value; solving for unknown; single amount LO6-4) John has an investment opportunity that promises to pay him
Help Save&Exit Check my Brief Exercise 6-5 Present value; solving for unknown; single amount LO6-4) John has an investment opportunity that promises to pay him $12,518 in four years. Suppose the opportunity requires John to invest $9.550 today (FV of S1. PV of S1. EVA of S1, VA ot S1. EVAD ot S1 and PVAD of $)(Use appropriate factoris) from the tables provided.) What is the interest rate John would earn on this investment? (Round your final answers to nearest whole dollar amount) Present Value Future Value prev lof4H Next > 8 5 6 3
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