a) You invest $117 today and expect to receive $183 in 13 years. What interest rate...

a) You invest $117 today and expect to receive $183 in 13 years. What interest rate are you expecting to earn? (Put rate in 4 decimal places.)

b) You invest $291 at the end of each year for 25 years in an account earning 6.9%. How much do you expect to be able to withdraw in 25 years? (Note this is an ordinary annuity.)

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jeff jeffy answered 1 year ago

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