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The customer deposited a deferred payment = 1000JD at the end of each year for a period of 3 years, and the future value of
The customer deposited a deferred payment = 1000JD at the end of each year for a period of 3 years, and the future value of this payment after 3 years was = 3121.6 JD. Find the annual or yearly interest rate for this investment? Select one: a. 5.5% b. 4.5% C. 5% O d. 4%
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