Zoey wants to have about $750,000 when she retires in 10 years. She has $300,000 to deposit now. At which of the following interest rates would Zoey's deposit come closest to $750,000 after 10 years?
a. 9.6 percent
b. 9.9 percent
c. 10.2 percent
d. 10.5 percent
a
Economics
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If a public utility is subject to average-cost pricing regulation, it will: a. earn a normal rate of return
b. produce the socially efficient level of output. c. suffer economic losses without a subsidy. d. earn an above-normal rate of return.
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The Save More Tomorrow (SMarT) program is an example of a:
A. weak commitment device that was successful. B. strong commitment device that was successful. C. weak commitment device that was unsuccessful. D. strong commitment device that was unsuccessful.
Economics