You are examining an investment that will pay you $15,585 in five years if you invest $10,000 today. Approximately, what
Posted: Tue Jan 18, 2022 1:00 pm
You are examining an investment that will pay you $15,585 in five years if you invest $10,000 today. Approximately, what is the implied rate of interest (assuming annual compounding)? 9.28% O 7.68% 07.13% 8.45% None of the above.