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A bank sells you an investment that pays $100 in one year and $200 in 2 years for $ 281.07. What effective annual interest rate
A bank sells you an investment that pays $100 in one year and $200 in 2 years for $ 281.07. What effective annual interest rate did they assume?
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Principles Of Managerial Finance
Authors: Chad Zutter, Scott Smart
16th Global Edition
1292400641, 978-1292400648
