Matthew invested $230,000 to purchase a home. After ten years, he sold the home for $340,000. Calculate

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Matthew invested $230,000 to purchase a home. After ten years, he sold the home for $340,000. Calculate the effective interest rate of growth of the value of the home.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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