Essay
What annual interest rate is required to accumulate $6,802.50 in four years from an investment of $5,000? (PV of $1,FV of $1,PVA of $1,and FVA of $1)
A)5%
B)8%
C)10%
D)12%
E)15%
Correct Answer:

Verified
Correct Answer:
Verified
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