Deposits of $200 were made to an investment at the beginning of every three months for a
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Deposits of $200 were made to an investment at the beginning of every three months for a period of ten years. If the accumulated value of the investment was $10,000, what nominal interest rate compounded quarterly was being earned?
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Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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