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A downtown bank is advertising that if you deposit $1,000 with them, and leave it there for 50 months, you can get $2691 back at
- A downtown bank is advertising that if you deposit $1,000 with them, and leave it there for 50 months, you can get $2691 back at the end of this period. Assuming monthly compounding, what is the annual rate of interest paid by the bank?
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Bitcoinvest Or Not Answers To Crucial Questions
Authors: Mr Panayotis Vasileios Sofianopoulos
1st Edition
1713251752, 978-1713251750
