The formula I’m using is: i = n/fv/pv – 1 = (fv/pv)1/n – 1 At what annual rate would the following have to be invested? $8,604, to grow to $97,997, in 26 years. Round the answer to two decimal places in percentage form. (Write the percentage sign in the “units” box)
The formula I’m using is:
i = n/fv/pv – 1 = (fv/pv)1/n – 1
At what annual rate would the following have to be invested?
$8,604, to grow to $97,997, in 26 years. Round the answer to two decimal places in percentage form. (Write the percentage sign in the “units” box)
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