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One year ago, you invested $2,980. Today it is worth $3,800.50. What rate of interest did you earn?
One year ago, you invested $2,980. Today it is worth $3,800.50. What rate of interest did you earn?
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To find the rate of interest earned we can use the formula for calculating simple interest Int...
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International financial management
Authors: Jeff Madura
13th edition
978-1337099738, 1337099732, 9781337515894, 1337515892, 978-1337587211
