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If Sunland Mooney invests $8,436.19 now and she will receive $19,000 at the end of 12 years, what annual rate of interest will Sunland earn
If Sunland Mooney invests $8,436.19 now and she will receive $19,000 at the end of 12 years, what annual rate of interest will Sunland earn on her investment? (Hint: Use Table 3.) (Round answer to 0 decimal places, e.g. 25\%.) Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Annual rate of interest %
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Financial Accounting And Reporting A Global Perspective
Authors: Herve Stolowy, Yuan Ding, Luc Paugam
6th Edition
147376730X, 9781473767300
