Question: I need to know what exactly to type into the financial calculator!! 20 years ago you deposited 100,000 into an account, today it is worth
I need to know what exactly to type into the financial calculator!!
20 years ago you deposited 100,000 into an account, today it is worth 200,000. what is
the effective interest rate?
Answer: 3.53%
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
