Solved

If You Deposi $100\$ 100 Nto an Account That Pays an Interest Rate That Compounds

Question 15

Short Answer

If you deposi $100\$ 100 nto an account that pays an interest rate that compounds quarterly, what is the interest rate if the value in the account after 30 years is $ $444\$ 444 ? \underline{\quad\quad} %\%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions