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1. What annual rate of return per year allows you to triple your money in 15 years? Assume annual compounding. A. 7.60% B. 5.89% C.
1. What annual rate of return per year allows you to triple your money in 15 years? Assume annual compounding.
A. 7.60% B. 5.89% C. 20.00% D. 11.61% E. 4.73%
2. What continuous rate of return per year allows you to triple your money in 15 years?
A. 7.32% B. 5.89% C. 4.62% D. 7.60% E. 6.88%
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