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(1.1)=1.04x(1+r) Solve the following equation for r : (don't round intermediate calculations, compute (1.1)3=1.04(1+r)2 0.1313 0.1315 0.1314 0.1312

(1.1)=1.04x(1+r)

Solve the following equation for r : (don't round intermediate calculations, compute (1.1)3=1.04(1+r)2 0.1313 0.1315 0.1314 0.1312

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