If an investment grew to $12,000 in two years and the interest earned was $800, calculate the

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If an investment grew to $12,000 in two years and the interest earned was $800, calculate the nominal interest rate compounded daily.

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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 investment grew to $12,000 in two years and the interest earned was $800, calculate the

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Mathematics Of Business And Finance

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