Mark Schultz deposited $43,200 in the bank on January 1, 2002. On January 2, 2012, this deposit
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Mark Schultz deposited $43,200 in the bank on January 1, 2002. On January 2, 2012, this deposit has accumulated to $84,974. Interest is compounded annually on the account. What rate of interest did Mark earn on the deposit?
Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1111534912
8th edition
Authors: Gary A. Porter, Curtis L. Norton
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