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An initial investment of $1,000 in an account grows to $1,477.46 at the end of eight years. If the annually compounded interest rate is unchanged
An initial investment of $1,000 in an account grows to $1,477.46 at the end of eight years. If the annually compounded interest rate is unchanged over the life of the investment, What is the annual compounded rate of return earned on this investment?
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
