Securities future value is $1,000,000 and present value of securities – McqOptions

MCQOPTIONS

1.	Securities future value is $1,000,000 and present value of securities is $500,000 with an interest rate of 4.5%, N will be
A.	16.7473 years
B.	0.0304 months
C.	15.7473 years
D.	0.7575 years
Answer» B. 0.0304 months

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