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Author Question: What annual rate of return would Jia need to earn if she deposits 20,000 per year into an account ... (Read 107 times)

luminitza

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on: Jul 10, 2018
What annual rate of return would Jia need to earn if she deposits 20,000 per year into an account beginning one year from today in order to have a total of 1,000,000 in 30 years?
 
  A) 2.3
  B) 3.3
  C) 1.3
  D) 4.3

Question 2

Unlike equityholders, creditors are owners of the firm.
 
  Indicate whether the statement is true or false


Alyson.hiatt@yahoo.com

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Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


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luminitza

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Reply #2 on: Jul 10, 2018
Correct answers!


Alyson.hiatt@yahoo.com

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Reply #3 on: Jul 10, 2018
Great! Please up vote :D


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