Question
I Am looking for help to graph this equation and find the intercept that correlates with the annual Interest rate rounded to two decimal places.
I Am looking for help to graph this equation and find the intercept that correlates with the annual Interest rate rounded to two decimal places.
Problem is going to need to use the fv equation. S=r ((1+i)^n-1)/
Jenny put 450.00 ea month into an ordinary annuity for 18 years. At end of 18 years the annuity is worth 188,345. What annual interest rate did she receieve?
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
