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Suppose an investment offers to triple your money in 60 months (don't believe it). Required: What rate of return per quarter are you being offered?

Suppose an investment offers to triple your money in 60 months (don't believe it).

Required:

What rate of return per quarter are you being offered?

rev: 09_17_2012

4.23%

5.65%

5.08%

7.6%

6.21%

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