Multiple Choice
What annual rate must be earned to turn $50,000 into $250,000 in 15 years?
A) 12.25%
B) 8.45%
C) 11.33%
D) 10%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q18: if you can save $10,000 per year
Q19: A one-time investment of $1,500 at a
Q20: Who will end up with the largest
Q21: Two of the most important factors in
Q22: The dollar value of an investment at
Q24: Your great-uncle placed $500 a year in
Q25: Which one of the following is the
Q26: The earlier you begin saving for your
Q27: If he sticks to the plan,Enrique's savings
Q28: Consider that you are paying back a