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BUQU 1130: Business Mathematics ( Question 2 Answer saved Marked out of 5.00 Flag question a. Your client invests $20,000 today at a rate of
BUQU 1130: Business Mathematics ( Question 2 Answer saved Marked out of 5.00 Flag question a. Your client invests $20,000 today at a rate of return of 6.8% compounded quarterly. Rounded to the nearest month, how long will it take the investment to grow to $33,000? b. What is the effective rate of interest earned by the client? 7 A B I 4 E 00 D
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