Answered You can hire a professional tutor to get the answer.
If you put 1000$ n the bank today, you will be able to withdraw 1,469 five years from today. what annual interest rate will you earn?
If you put 1000$ n the bank today, you will be able to withdraw 1,469 five years from today. what annual interest rate will you earn?
using either formulas, time values tables or a financial calculator.