Question: At what nominal rate compounded annually will the value of $170.00 become $510 in ten years? a. 11.6% b. 30% c. 1.116% d. 3%

At what nominal rate compounded annually will the value of $170.00 become $510 in ten years? a. 11.6% b. 30% c. 1.116% d. 3%

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