Question
If Colleen Mooney invests $1,560.48 now and she will receive $12,000 at the end of 18 years, what annual rate of interest will Colleen earn
If Colleen Mooney invests $1,560.48 now and she will receive $12,000 at the end of 18 years, what annual rate of interest will Colleen earn on her investment? (Hint: Use Present value of 1 factor table.)
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Accounting A Smart Approach
Authors: Mary Carey, Jane Towers Clark, Cathy Knowles
1st Edition
0199587418, 978-0199587414
