Business, 14.04.2020 17:27 sky81428

A woman can invest $100 000 for 15 years in a bank and expect to receive a yearly return of $10 000. The woman's objective is to earn 12% per year, compounded annually, on her investments. Is this objective met by the bank plan?

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A woman can invest $100 000 for 15 years in a bank and expect to receive a yearly return of $10 000....

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