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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%

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%
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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%

asked
User Xelber
by
7.6k points

1 Answer

2 votes

Answer:

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

Step-by-step explanation:

answered
User Sanjay Verma
by
8.0k points
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