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14. Suppose at time 0 you had $2000 in the bank and 9 years later you had $4800. Calculate the appropriate periodic rate of return

14. Suppose at time 0 you had $2000 in the bank and 9 years later you had $4800. Calculate the appropriate periodic rate of return if the bank pays compound interest: a. Monthly b. Quarterly c. Semi-Annually d. Annually

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