Question
A) 16 years ago, your father deposited his $3,993 lottery winnings into an account that had a return of 9.19%. What is the value today?
A) 16 years ago, your father deposited his $3,993 lottery winnings into an account that had a return of 9.19%. What is the value today?
B) Your mom has just purchased an annuity for $316685. The annuity will provide monthly payments of $2158 for 36 years. What is the implied annual interest rate?
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The Concise Guide To Mergers Acquisitions And Divestitures Business Legal Finance Accounting Tax And Process Aspects
Authors: R. Brown
1st Edition
0230600786,0230608949
