You are ready to invest in a security deposit account with your funds amounting to $500,000 in
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You are ready to invest in a security deposit account with your funds amounting to $500,000 in 5 yaars. You tareet to carn a total fature value of $800,500. What should be the amual interest rate so you can adieve your investment goal?
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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