Question
Ken Francis is offered the possibility of investing $8,280 today; in return, he would receive $20,500 after 8 years. What is the annual rate of
Ken Francis is offered the possibility of investing $8,280 today; in return, he would receive $20,500 after 8 years. What is the annual rate of interest for this investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round PV factor to 4 decimals.)
Present Value/Future Value= p (PV of a Single Amount)Interest Rate/=%
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Data Communications Network Auditing How To Save Hundreds Of Thousands Of Dollars And Still Improve Network Response Time Network Performance And Network Availability
Authors: Bruce Griffis
1st Edition
0936648937, 978-0936648934
