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At today's date, Etna Inc. has $38,000 that is deposited in an investment account until needed. It is anticipated that $111,000 will be needed at
At today's date, Etna Inc. has $38,000 that is deposited in an investment account until needed. It is anticipated that $111,000 will be needed at the end of 10 years to expand manufacturing. What approximate rate of interest is required to accumulate $111,000, assuming compounding on an annual basis
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
10th Edition
1111822239, 324639767, 9781111822231, 978-0324639766
