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Author Question: Jordan will need $20,000 at the end of 6 years to put a down payment on a house. What rate of return ... (Read 51 times)

abarnes

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on: Apr 25, 2021

Question 1

Jordan will need $20,000 at the end of 6 years to put a down payment on a house. What rate of return will he need to earn if he can invest $12,250 today?
◦ 8.5%
◦ 7.5%
◦ 8.0%
◦ 9.0%
◦ 9.5%

Question 2

Jordan will need $20,000 at the end of 6 years to put a down payment on a house. What rate of return will he need to earn if he can invest $9,110 today?
◦ 14.0%
◦ 13.0%
◦ 13.5%
◦ 14.5%
◦ 15.0%
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Marked as best answer by abarnes on Apr 25, 2021

hramirez205

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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abarnes

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

Dominic

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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