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The Forest Lodge Fund promises investors that an initial investment of $100.000 today will grow to $1.7 million over 35 ears. The investment grows at
The Forest Lodge Fund promises investors that an initial investment of $100.000 today will grow to $1.7 million over 35 ears. The investment grows at a constant APR, which compounds semi annually
What is the effective annual rate of return?
A 8.26% B 8.43% C 4.13% D 4.22%
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