Question
Many, many years ago your great, great, great, great grandmother left you $1 in a bank account that was just discovered. There is $100,000
Many, many years ago your great, great, great, great grandmother left you $1 in a bank account that was just discovered. There is $100,000 in it today! Assuming a Quoted Rate, or Annual Percentage Rate (APR), of 6.3% (compounded weekly), approximately how many years ago did she bequeath this to you? 183.22 years ago. 182.86 years ago. 188.44 years ago. 182.76 years ago.
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
8th Edition
9781439044612, 1439044619, 978-1111626822
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