An initial $1800 investment was worth $2120.31 after two years and nine months. What quarterly compounded nominal

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An initial $1800 investment was worth $2120.31 after two years and nine months. What quarterly compounded nominal rate of return did the investment 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 05:41 AM

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An initial $1800 investment was worth $2120.31 after two years and nine months. What quarterly compounded nominal

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PV 1800 FV 212031 n 42 11 Yn FV PV 1 212...View the full answer

Fundamentals Of Business Mathematics In Canada

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