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6-8 Problem 6-35 Calculating Rates of Return (LO2] Suppose an investment offers to quadruple your money in 36 months (don't believe it). What rate of
6-8
Problem 6-35 Calculating Rates of Return (LO2] Suppose an investment offers to quadruple your money in 36 months (don't believe it). What rate of return per quarter are you being offered? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Rate of return 9.59% Step by Step Solution
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