Determine the rate of return to the accuracy

Reference no: EM13186472

1. How much would you need to invest at 6% interest compounded quarterly on January 1, 2014 in order to accumulate $10,000 by December 31, 2016?

2-Given cash flows for an investment of $5,800 at time "0", determine the rate of return to the accuracy of one decimal.

Year 1 2 3 4

Cash Flow $1,800 $1,800 $1,800 $2,000

Reference no: EM13186472

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