Question
If you have $9,316 right now and want to buy a boat that you estimate will cost $23,842 in 14 years, what annual rate would
If you have $9,316 right now and want to buy a boat that you estimate will cost $23,842 in 14 years, what annual rate would you need to earn to have enough to buy the boat at that time? (assume quarterly compounding and round your answer to 2 decimal places)
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Business Valuation And Bankruptcy
Authors: Ian Ratner, Grant T. Stein, John C. Weitnauer
1st Edition
0470462388, 978-0470462386
