Question: Instructions Complete the following problems using either a financial calculator or a spreadsheet program. Do not use interim rounding, state your answers as positive values,
| Instructions | Complete the following problems using either a financial calculator or a spreadsheet program. Do not use interim rounding, state your answers as positive values, to two decimal places for dollar and period values and four places for percentages stated as decimals; do not label answers with symbols such as $ or %. For example, 10.5% should be input as .1050. |
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Djimon Sala has $3,684 to invest today and would like to have 10,441 in 5 years. To reach his goals, Djimon would need to earn a rate closest to:
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