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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
You currently have $67,000 in an interest-earning account. From this account, you wish to make 20 year-end payments of $5,000 each. What annual rate of return must you make on this account to meet your objective?
A) 5.03%
B) 4.16%
C) 7.32%
D) 6.42%
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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portalgoal!portalgoal!
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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#3
3 years ago
ty
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#4
3 years ago
thank you
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