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You have a present value of $217, future value of $307, and 3 years as the number of periods. What is the interest rate? Question
You have a present value of $217, future value of $307, and 3 years as the number of periods. What is the interest rate?
Question 5 options:
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A) | 13.05% |
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B) | 13.00% |
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C) | 12.26% |
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D) | 12.49% |
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