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Question 3 5 pts If $2,000 grows to $2525 over four years, assuming quarterly compounding, what is the quarterly interest rate? 6.00% 1.47% 1.50% 6.56%
Question 3 5 pts If $2,000 grows to $2525 over four years, assuming quarterly compounding, what is the quarterly interest rate? 6.00% 1.47% 1.50% 6.56%
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
