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Please be fast solve as early as possible Want to know the answer using simple interest Harry is depositing $979.34 into an investment account at
Please be fast solve as early as possible
Want to know the answer using simple interest Harry is depositing $979.34 into an investment account at the end of every month. After 5 years and 5 months, it's expected that his investment wat grow to $75,000. Round to two places after the decimal (a) What is the nominal rate of return he is expected to receive on his investment 1/Y PIY CHY N PV PMT FV Harry will earn X compounded (b) What is the effective rate of return? NOM CHY EFF Harry's effective rate of return is %Step by Step Solution
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