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An investment today of $1,000 grows to be $1225.04 in 3 years. What is the effective annual interest rate compounded annually? Multiple choice question. 5%
An investment today of $1,000 grows to be $1225.04 in 3 years. What is the effective annual interest rate compounded annually? Multiple choice question. 5% 7% .07 6.25%
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Computational Finance And Its Applications
Authors: C. A. Brebbia, M. Costantino
1st Edition
1853127094, 978-1853127090
