An investment opportunity guarantees total interest of 20% over a period of three years. What is the

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An investment opportunity guarantees total interest of 20% over a period of three years. What is the effective annual rate corresponding to annual compounding?

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Organic Chemistry

ISBN: 9788120307209

6th Edition

Authors: Robert Thornton Morrison, Robert Neilson Boyd

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Question Posted: Jun 29, 2016 12:54 AM

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An investment opportunity guarantees total interest of 20% over a period of three years. What is the

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