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Posted on Sep 20, 2024

You have $ 3 3 5 to invest for three years at 1 0 % interest. You are offered a payout of $ 4 0

You have $

335

to invest for three years at

10 %

interest. You are offered a payout of $

400

at the end of the three years. Is this a good offer?

You are looking at an investment that will pay $

1200

5

years if you invest $

1000

today. What is the implied rate of interest?

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