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Calculate the interest rate for investments G & H. You're trying to choose between two different Investments, both of which have up-front costs of $75,000.
Calculate the interest rate for investments G & H.
You're trying to choose between two different Investments, both of which have up-front costs of $75,000. Investment G returns $135,000 In five years. Investment H returns $195,000 in 9 years. Calculate the Interest rate for Investments G and H. (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. 10.20 % investment G investment H 20:20 % Step by Step Solution
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