To invest $190,000 dollars so that it will grow to $850,000 in 15 years, what would the

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To invest $190,000 dollars so that it will grow to $850,000 in 15 years, what would the annual interest rate have to be if interest is compounded monthly?

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Fundamentals Of Financial Management

ISBN: 9781111795207

11th Edition

Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston

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Posted Date: Mar 21, 2024 04:17 PM

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To invest $190,000 dollars so that it will grow to $850,000 in 15 years, what would the

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To calculate the annual interest rate required to grow 190000 to 850000 in 15 years with m... View the full answer

Fundamentals Of Financial Management

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