Question
A. Suppose you deposit $1,100.00 into an account 4.00 years from today. Exactly 14.00 years from today the account is worth $1,756.00. What was the
A. Suppose you deposit $1,100.00 into an account 4.00 years from today. Exactly 14.00 years from today the account is worth $1,756.00. What was the account's interest rate?
B. Suppose you need to have $53,880.00 in an account 17.00 years from today and that the account pays 8.00%. How much do you have to deposit into the account 9.00 years from today?
C. It is _______ for a company to issue equity than debt; it is ________ for an investor to buy equity in a company than debt in the same firm.
a. safer; safer
b. safer; riskier
c. riskier; safer
d. riskier; riskier
e. none of the above
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