If an $8000 investment grew to $13,000 in six years, what effective interest rate would have provided

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If an $8000 investment grew to $13,000 in six years, what effective interest rate would have provided the same benefit?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Aug 30, 2024 09:05 AM

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If an $8000 investment grew to $13,000 in six years, what effective interest rate would have provided

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Mathematics Of Business And Finance

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