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At what annual interest rate must $109,000 be invested so that it will grow to be $459,000 in 6 years? 21.66% 27.08% 36.01% 30.65% 44.95%
At what annual interest rate must $109,000 be invested so that it will grow to be $459,000 in 6 years? 21.66% 27.08% 36.01% 30.65% 44.95% How many years will it take for $183,000 to grow to be $383,000 if it is invested in an account with a quoted annual interest rate of 13% with quarterly compounding of interest? 8.80 years 23.09 years 5.77 years 9.96 years 5.03 years What will $247,000 grow to be in 15 years if it is invested in an account with a quoted annual interest rate of 9% with monthly compounding of interest? $1,156,555.96 $899,693.17 $947,996.69 $821,599.80 $1,357,531.26
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