Question
Julia Houston has a $29,000 debt that she wishes to repay 4 years from today; she has $19,103 that she intends to invest for the
Julia Houston has a $29,000 debt that she wishes to repay 4 years from today; she has $19,103 that she intends to invest for the 4 years. What rate of interest will she need to earn annually in order to accumulate enough to pay the debt? (Round answer to 0 decimal places, e.g. 7%.)
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Business Information Systems For Accounting Students
Authors: Martin Quinn
1st Edition
0273773526, 9780273773528
