A principal of $80,000 generates income of $4000 at the end of every six months for fifteen
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A principal of $80,000 generates income of $4000 at the end of every six months for fifteen years. What is the effective rate of interest?
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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