Hmmmmmmmmm I have no idea this is a tough question
The answer to this statement is True goods and services can be easily balanced and purchased at certain prices and if needed the prices will increase
Answer:
the annual required rate of return is 9.57%
Explanation:
The computation of the required rate of return is shown below:
Given that
Future value = $1,000
Present value = $990
PMT = $1,000 × 9% = $90
NPER = 2
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
After applying the above formula, the annual required rate of return is 9.57%
Grateful There is a way for you to become content, and that is first to become “content”
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