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If $1,000 is the present value of $1,250 to be received at the end of 2 years, what is the required annual interest rate to
If $1,000 is the present value of $1,250 to be received at the end of 2 years, what is the required annual interest rate to achieve the desired future value of the fund (round to the nearest percent)? If $1,000 is the present value of $1,250 to be received at the end of 2 years, what is the required annual interest rate to achieve the desired future value of the fund (round to the nearest percent)? 8% 12% 20% 25%
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
