A number of years ago, your client invested $6000 at a rate of return of 9% compounded

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A number of years ago, your client invested $6000 at a rate of return of 9% compounded annually. If the investment is currently worth $10,968.25, for how long has she held the investment? (Taken from CIFP course materials.)

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:02 AM

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A number of years ago, your client invested $6000 at a rate of return of 9% compounded

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Given PV 6000 FV 1...View the full answer

Business Mathematics In Canada

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