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In 2004, a man mailed a $100 check to another man to repay a $100 debt of his great-great-grandfather, who died in 1845. A
In 2004, a man mailed a $100 check to another man to repay a $100 debt of his great-great-grandfather, who died in 1845. A bank estimated the interest on the loan to be $201 million for the 159 years it was due. Find the interest rate the bank was using, assuming interest is compounded annually. +
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
