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C. URGENT Question 1 At what nominal rate c.q. does money triple in 11 years? Round your answer to four decimal places. Question 2 Jody
C. URGENT
Question 1
At what nominal rate c.q. does money triple in 11 years?
Round your answer to four decimal places.
Question 2
Jody would like to have $17,150 in her account in 21 months. How much must she invest now if the interest rate is 5.15% c.q.?
Question 3
Joe owes $10,500 bearing interest at 6.60% c.m. for 9 years. One year before the due date, he wishes to discharge the debt. How much must he pay if N.R. 5.20% c.a.?
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