1. You deposit $2500 in a long-term investment fund in which the interest is compounded monthly. After...
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2. You deposit $6000 in a long-term investment fund in which the interest is compounded quarterly. After 5 years, the balance is $7734.27. What is the annual interest rate?
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1 A P1 rn nt 269458 25001 r12 125 2694582500 1 r12 60 1...View the full answer
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