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You have just taken a great finance class. You know that you have some funds set aside that amount to $50,000. Your time frame for
- You have just taken a great finance class. You know that you have some funds set aside that amount to $50,000. Your time frame for this investment is 12 years. What rate of return must you earn in order for the funds to grow to $100,000?
- A.5.25%
- B.8.9%
- C.6%
- D.7%
- E.None of the above
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
