Question
Suppose you deposit $1,097.00 into an account 7.00 years from today. Exactly 18.00 years from today the account is worth $1,597.00. What was the account's
Suppose you deposit $1,097.00 into an account 7.00 years from today. Exactly 18.00 years from today the account is worth $1,597.00. What was the account's interest rate?
Answer format: Percentage Round to: 3 decimal places (Example: 9.243%, % sign required. Will accept decimal format rounded to 5 decimal places (ex: 0.09243))
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The Certified Lease And Finance Professionals Handbook
Authors: Deborah Reuben, Certified Lease & Finance Professionals, Equipment Finance Industry Experts
6th Edition
171743388X, 978-1717433886
