The maturity value of a $5000 four-year compound-interest GIC was $5839.72. What quarterly compounded rate of interest

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The maturity value of a $5000 four-year compound-interest GIC was $5839.72. What quarterly compounded rate of interest did it earn?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:40 AM

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The maturity value of a $5000 four-year compound-interest GIC was $5839.72. What quarterly compounded rate of interest

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The GIC earned j mi 40975 390 compounde...View the full answer

Fundamentals Of Business Mathematics In Canada

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