What annual interest rate would you need to earn if you wanted a $600 per month contribution

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What annual interest rate would you need to earn if you wanted a $600 per month contribution to grow to $45,000 in six years?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:26 AM

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What annual interest rate would you need to earn if you wanted a $600 per month contribution

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Use equation 52 and solve for i Or N72 PV...View the full answer

Finance Applications and Theory

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