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accounting You go to a bank and open a term deposit account. You invest 1.000 TL. Annual interest (simple) rate is 20% and the maturity

accounting

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You go to a bank and open a term deposit account. You invest 1.000 TL. Annual interest (simple) rate is 20% and the maturity is 3 years. What would be the annual compound interest rate if you earn monthly interest

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