Author Question: What annual rate of return would Jia need to earn if she deposits 20,000 per year into an account ... (Read 124 times)

luminitza

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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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Answer to Question 1

B

Answer to Question 2

FALSE



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