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(1 point) Suppose that 2%, 1.5%, and 2.5% are the rates of return for years 1, 2, and 3, respectively. (a) Find the aggregate rate
(1 point) Suppose that 2%, 1.5%, and 2.5% are the rates of return for years 1, 2, and 3, respectively. (a) Find the aggregate rate of return for the three years. Aggregate Rate of Return = % (b) If $1300 is invested at the beginning of year 1, what is the accumulated value at the end of year 3? Accumulated Value =$ (c) Find the equivalent rate of return compounded annually. Equivalent Rate of Return =
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