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I invested on January 1st 2017 35,000 in a financial product that is giving a compounded interest with payments on a quarterly basis. On January
- I invested on January 1st 2017 35,000 in a financial product that is giving a compounded interest with payments on a quarterly basis.
On January 1st 2022 I will get back my investment together with the interests, and I know that I will receive 60,212.
It was a good investment, but I cant remember the rate.
Could you tell me?
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Public Finance
Authors: Harvey S. Rosen
5th Edition
025617329X, 978-0256173291
