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Use the commission schedule from Company B shown in the table to find the annual rate of interest earned on the investment. ( Note: commisions
Use the commission schedule from Company B shown in the table to find the annual rate of interest earned on the
investment. Note: commisions are rounded to the nearest cent.
An investor purchases shares at $ a share, holds the stock for days, and then sells the stock for $ a share. Assume a day year.
The annual rate of interest is iRound to three decimal places.
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