An initial $1800 investment was worth $2120.31 after two years and nine months. What quarterly compounded nominal
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An initial $1800 investment was worth $2120.31 after two years and nine months. What quarterly compounded nominal rate of return did the investment earn?
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PV 1800 FV 212031 n 42 11 Yn FV PV 1 212...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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