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7. Mario, the owner of Best Pizzeria, took the first $2,000 he earned from his business and placed it into a Fidelity savings plan. At
7. Mario, the owner of Best Pizzeria, took the first $2,000 he earned from his business and placed it into a Fidelity savings plan. At the end of 5 years, he closed the account and withdrew $2,850. What was the annual rate of interest he earned? (5 points) N = I = PV = PMT = FV = P/Y =
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Advanced Financial Accounting
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
6th edition
013703038X, 978-0137030385
