Question
Edd has made an investment that will return a fixed percentage simple interest. He knows that he started with 15000 dollars on March 10, and
Edd has made an investment that will return a fixed percentage simple interest. He knows that he started with 15000 dollars on March 10, and that on May 9, the investment is worth 15207.12 dollars. What rate of interest is he receiving?
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
