What rate of interest would she need to obtain her goal

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Q. Raise price of stock. Raise price of stock. Angela reads financial advice columns and concludes following. Which, if any, of her conclusions are incorrect? People who are risk averse should never hold stock. People who are risk averse should never hold stock. Nancy would like to double money in her retirement account in five years. According to rule of 70, what rate of interest would she need to obtain her goal? Are cash payments that companies make to shareholders? Are cash payments that companies make to shareholders? Sari puts $100 in an account with an interest rate of 10 percent. According to rule of 70, about how much does she have at end of 21 years? Which of flowing is correct?

 

 

Reference no: EM1369132

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