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Glenda doesnt want to wait that long for her money to double so she decides to look for a better option. What interest rate (APR)
Glenda doesnt want to wait that long for her money to double so she decides to look for a better option. What interest rate (APR) would the bank have to offer for Glenda's initial deposit of $650 to double in only 10 years? assume that the account is still compounded monthly. round to the nearest 10th of a percent.
c. (5 pts) Glenda doesn't want to wait that long for her money to double so she decides to look for a better option. What interest rate (APR) would the bank have to offer for Glenda's initial deposit of $650 to double in only 10 years? Assume the account is still compounded monthly. Round to the nearest tenth of a percent. N= 12x10 (1% = PV = 200 150 PMT = 0 FV = 1300 P/Y=12 C/Y=12 PMT END BEGIN Please tell me what N, I%, PV, PMT, and FV are.
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