Multiple Choice
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?
A) 14.0%
B) 13.0%
C) 13.5%
D) 14.5%
E) 15.0%
Correct Answer:
Verified
Correct Answer:
Verified
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