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A PV of $800 is expected to grow to equal a FV of $2,500, 11 years from now. What rate of return is required to
A PV of $800 is expected to grow to equal a FV of $2,500, 11 years from now. What rate of return is required to make this happen?
A PV of $20,000 is expected to grow to equal a FV of $1,000,000, 36 years from now. With quarterly compounding, what annual rate of return is required to make this happen?
A PV of $800 is expected to grow to equal a FV of $2,500,11 years from now. What rate of return is required to make this happen? \begin{tabular}{l} \hline 8.32% \\ \hline 7.35% \\ \hline9.84% \\ \hline 10.91% \\ \hline \end{tabular} Question 2 0.25 pts A PV of $20,000 is expected to grow to equal a FV of $1,000,000, 36 years from now. With quarterly compounding, what annual rate of return is required to make this happen? \begin{tabular}{c} 10.30% \\ \hline 11.48% \\ \hline10.72% \\ \hline 11.02% \end{tabular}Step by Step Solution
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