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You have $500 today and want to triple your money in 6 years. What interest rate must you earn if the interest is compounded annually?
You have $500 today and want to triple your money in 6 years. What interest rate must you earn if the interest is compounded annually?
A. 22.15%
B. 18.08
C. 19.90
D. 20.09
E. 21.21
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The Principles Of Project Finance
Authors: Rod Morrison
1st Edition
1409439828, 9781409439820
