If regular month-end deposits of $200 in an investment account amounted to $7727.62 after three years, what

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If regular month-end deposits of $200 in an investment account amounted to $7727.62 after three years, what monthly compounded nominal rate and effective rate of interest were earned on the account?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:52 AM

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If regular month-end deposits of $200 in an investment account amounted to $7727.62 after three years, what

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Business Mathematics In Canada

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