Anna invested $5,500 per year for 15 years. The future value (at the end of the 15 year period) was $135,956. If she earned 7% over years 1-8, the interest she must have earned over the final 7 years is closest to ...

Anna invested $5,500 per year for 15 years. The future value (at the end of the 15 year period) was $135,956. If she earned 7% over years 1-8, the interest she must have earned over the final 7 years is closest to ...

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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No excel!!! Worng answer will be downvote!!

Anna invested $5,500 per year for 15 years. The
future value (at the end of the 15 year period) was
$135,956. If she earned 7% over years 1-8, the
interest she must have earned over the final 7
years is closest to ...

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