Question
HW 2B Question 4 This set of problems is designed to be calculated using the Excel or financial calculator . You can also use algebraic
HW 2B
Question 4
This set of problems is designed to be calculated using the Excel or financial calculator. You can also use algebraic formulas. Do not use financial tables to calculate these problems.
At what annual rate would the following have to be invested?
$2,872, to grow to $84,525, in 13 years.
Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)
Your Answer:
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
