What annual compound interest rate is required for the debt of a compound interest loan to grow
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Question:
What annual compound interest rate is required for the debt of a compound interest loan to grow by 58% in 6 years?
Round your answer to the nearest tenth of a percent.
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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