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Elizabeth has $25,098.00 in an investment account. Her goal is to have the account grow to $126,724.00 in 11 years without having to make any
Elizabeth has $25,098.00 in an investment account. Her goal is to have the account grow to $126,724.00 in 11 years without having to make any additional contributions to the account. What effective annual rate of interest would she need to earn on the account in order to meet her goal? O 13.86% O 14.86% 12.86% O 16.86% 15.86%
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