A $1100 investment earning 2.3% compounded annually grew to $1855.81. What was the term of the investment?
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A $1100 investment earning 2.3% compounded annually grew to $1855.81. What was the term of the investment?
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Since the compounding period is 1 year th...View the full answer
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Related Book For 
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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