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Youre trying to choose between two different investments, both of which have up-front costs of $59,000. Investment G returns $119,000 in five years. Investment H
Youre trying to choose between two different investments, both of which have up-front costs of $59,000. Investment G returns $119,000 in five years. Investment H returns $179,000 in 9 years.
Calculate the interest rate for Investments G and H. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
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