Question
What annual interest rate would you need to earn if you wanted a $600 per month contribution to grow to $46,000 in six years? (Do
| What annual interest rate would you need to earn if you wanted a $600 per month contribution to grow to $46,000 in six years? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Annual interest rate | % |
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
3rd Edition
0123865492, 9780123865496
