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Sue Li deposited $200.00 into a savings account that compounded interest monthly. What nominal annual rate compounded monthly was earned on the investment if the
Sue Li deposited $200.00 into a savings account that compounded interest monthly. What nominal annual rate compounded monthly was earned on the investment if the balance K was $565.60 in three years?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
