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Question 16 1 pts A firm has $26000 in an account in order to finance a $32000 expenditure in 2 years. What minimum APR, compounded
Question 16 1 pts A firm has $26000 in an account in order to finance a $32000 expenditure in 2 years. What minimum APR, compounded annually, does the firm need to earn on that account to meet that expenditure? Enter the rate in decimal form, rounded to the 4th digit, as in "0.4321". Question 17 1 pts In a 'best case scenario' an investment advisor projects that stock ABC will triple in value over 5 years! What effective annual compounded rate are they estimating in this best case scenario? Enter the rate in decimal form, rounded to the 4th digit, as in "0.4321
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