Question: I need help in this question. Please do it fast. I have 30 minutes only Solve the following problems. Write the formula and show the

I need help in this question. Please do it fast. I have 30 minutes only

I need help in this question. Please do it fast. I have

Solve the following problems. Write the formula and show the calculations. Ali who has been married for 23 years, would like to buy his wife Nora an expensive diamond ring with a platinum setting on their 30- year wedding anniversary. Assume that the cost of the ring will be $12,000 by his anniversary. Ali has currently $4,510 to invest. What annual rate of return must Ali earn on his investment to accumulate enough money to pay for the ring

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