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Julia Ross has $19,500 to invest today at 11% to pay a debt of $68,220. How many years will it take her to accumulate enough
Julia Ross has $19,500 to invest today at 11% to pay a debt of $68,220. How many years will it take her to accumulate enough to liquidate the debt? (Round answer to 0 decimal places, e.g. 45.) years Cindy Houston has a $26,800 debt that she wishes to repay 4 years from today; she has $17,654 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%.) Rate of interest Click if you would like to Show Work for this question: Open Show Work
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