A person deposits $219,000 in an investment company and after one year and seven months he will

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A person deposits $219,000 in an investment company and after one year and seven months he will have an amount of $269175.73. If the interest is compounded monthly, calculate the rate he earn ?

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Matlab An Introduction with Applications

ISBN: 978-1118629864

5th edition

Authors: Amos Gilat

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Posted Date: Apr 17, 2023 02:25 AM

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A person deposits $219,000 in an investment company and after one year and seven months he will

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To calculate the rate earned we can use the formula for compo... View the full answer

Matlab An Introduction with Applications

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