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Finding the Interest Rate 2 - H . What is the rate of return on an investment of $ 9 8 0 invested today that

Finding the Interest Rate

2 - H .

What is the rate of return on an investment of $

980

invested today that pays $

1, 123

in one year?

2 - 1 .

Buttercup proposed to invest $

660

today and expects to accumulate $

862

in two years. What is the underlying rate of return on this investment?

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