Question:

At what interest rate must $4,800 be compounded annually to

Last updated: 7/26/2022

At what interest rate must $4,800 be compounded annually to

At what interest rate must $4,800 be compounded annually to equal $8,109.499 after 9 yr?(Round to the nearest percent.) A. 8% B. 7% C. 5% D. 6%