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please hurey theres a time limit thank you The Milken Company is offering you an investment that promises you $10,000 at the end of 13
please hurey theres a time limit thank you
The Milken Company is offering you an investment that promises you $10,000 at the end of 13 years if you invest $7,439 today. What is the annual return on this investment? Compute your answer as a percent rounded to 2 decimal places. Record without a percent sign. For example, record .0848765=8.48765% as 8.49 . Your Answer: Answer Question 15 (6.76 points) Sam refuses to retire until his retirement account has a balance of at least $319,273 . Sam refuses to make any more deposits in the account. The account currently has a balance of $119,084 and earns 6% per year, compounded semi-annually. How long does Sam have before he will retire? You are computing number of years. Round your answer to one decimal place. For example, record 14.294 years as 14.3 Step by Step Solution
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