What was the annually compounded nominal rate of growth, if the future value of $1000 after 20

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What was the annually compounded nominal rate of growth, if the future value of $1000 after 20 years was $4016.94?

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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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What was the annually compounded nominal rate of growth, if the future value of $1000 after 20 years was $4016.94?
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What was the annually compounded nominal rate of growth, if the future value of $1000 after 20

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Given PV 1000 FV 40169...View the full answer

Business Mathematics In Canada

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