What interest rate (the nearest percent) must Clarabelle earn on a $452,000 investment today so that she will have $1,140,000 after 12 years? 8%

asked Apr 13, 2022 224k views

4 votes

What interest rate (the nearest percent) must Clarabelle earn on a $452,000

investment today so that she will have $1,140,000 after 12 years?
8%

5.7k points

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2 votes

Answer:

Answer: Future Value = $1,140,000 Present Value = $452,00…

Step-by-step explanation:

Sanjay Verma answered Apr 17, 2022

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