[Solved] Emma's investment grows from R7 000 to R9

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Emma's investment grows from R7 000 to R9304,60 in a period of 3 years, Interest is compounded quarterly. 2.1 Calculate the nominal interest rate on

Emma's investment grows from R7 000 to R9304,60 in a period of 3 years, Interest is compounded quarterly. 2.1 Calculate the nominal interest rate on her investment. 2.2 Calculate the effective annual interest rate on her investment

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