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Question 3 (3 points) An investment company promised to double the money invested in 2 years. What nominal interest rate, compounded semi-annually is this company
Question 3 (3 points) An investment company promised to double the money invested in 2 years. What nominal interest rate, compounded semi-annually is this company offering? Express your answer in percantage and 2 decimal points. Your Answer: Answer units Page 3 of 9
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Commodity Trade And Finance
Authors: Michael Tamvakis
2nd Edition
041573245X, 978-0415732451
