Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. (accounting question) cindy willis will invest $

(Accounting Question) Cindy Willis will invest $ 31,800 today. She needs $ 159,000...

70.2K

Verified Solution

Question

Accounting

(Accounting Question)

Cindy Willis will invest $ 31,800 today. She needs $ 159,000 in 19 years. What annual interest rate must she earn? (Round answer to 0 decimal places, e.g. 7%.)

Interest Rate = __________%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

pcr and antibody antigen tests are used to detect covid19 , two cases for each test...

Medical Sciences
Q

Arrange the following gases in order of increasing rate of effusion at 298 deg K. (Hint: Look...

Chemistry
Q

Answer each question in at least 5 sentences: Both the Stroop and the Simon Effect seem...

Psychology
Q

What percentage of the prospective customers surveyed would be willing pay a maximum of 7...

Geometry
Q

Suppose that the breaking strength of a rope in pounds is normally distributed with a...

Basic Math
Q

Consider the function y 3 x 2 7 as you complete parts a through c...

Basic Math
Q

Solve for v.v-8v+16=0If there more than one solution, separate them with commas.If there is no...

Basic Math
Q

How s the economy A pollster wants to construct a 99 9 confidence interval for...

Statistics
Q

Find the flux of the following vector field across the given surface with the specified...

Calculus
Q

Graph the function Find the intervals on which the function is increasing or decreasing Find...

Calculus
Q

Clearly marking all workpapers Privileged and Confidential Attorney Work Product will prevent discovery by...

Accounting
Q

RV Partnership has operated for several years. Currently, the partnership has the following account balances:...

Accounting