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Please help !! At an interest rate of 15% per year, an investment of $100,000 one year ago is equivalent to how much now? As
Please help !! At an interest rate of 15% per year, an investment of $100,000 one year ago is equivalent to how much now? As a principal in the consulting firm where you have worked for 20 years, you have accumulated 5000 shares of company stock. One year ago, each share of stock was worth $40. The company has offered to buy back your shares for $225,000. At what interest rate would the firm's offer be equivalent to the worth of the stock last year
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