Find the rate of interest required to achieve the conditions set forth:
-A = $ 32,000
P = $8,000
T = 20 years
Compounded annually
A) 5.6467%
B) 8%
C) 3.5265%
D) 7.1773%

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The Answer of Find the rate of interest required to achieve the conditions set forth:
-A = $ 32,000
P = $8,000
T = 20 years
Compounded annually
A) 5.6467%
B) 8%
C) 3.5265%
D) 7.1773%

Find the Rate of Interest Required to Achieve the Conditions