Posted: September 22nd, 2016
You have $30,400 to invest, and would like to receive $40,000 in 5 years. What interest rate do you need to accomplish this?
. You have $30,400 to invest, and would like to receive ,000 in 5 years. What interest rate do you need to accomplish this?
a) 8.23%
b) 6.87%
c) 5.64%
d) 10.56%
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.