# An initial $3200 investment was worth $3730 after one years and six months. What quarterly compounded nominal rate of return did the investment earn?

## This problem has been solved!

Do you need an answer to a question different from the above? Ask your question!

**Related Book For**

## Fundamentals Of Business Mathematics In Canada

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

ISBN: 9781259370151