What annual rate of return would Grandma Zoe need to earn if she ...

[rl]

What annual rate of return would Grandma Zoe need to earn if she deposits 1,000 per month into an account beginning one month from today in order to have a total of 1,000,000 in 30 years?
 
  A) 4.55
  B) 5.28
  C) 5.98
  D) 6.23

Question 2

Holders of equity have claims on both income and assets that are secondary to the claims of creditors.
 
  Indicate whether the statement is true or false

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Answer to Question 1

C

Answer to Question 2

TRUE

[rl]

Excellent

[isabelt_18]

Thanks for the timely response, appreciate it