Question
Assume the firm invests $80,000 today at a 12% interest rates and would like to have it grow to $250,000. How many years will the
Assume the firm invests $80,000 today at a 12% interest rates and would like to have it grow to $250,000. How many years will the investment take to grow to $250,000? Assume the interest rate compounds annually.
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
