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Mathematics, 22.02.2020 23:55 keke6361

An investment of $8000 grows to $10,292.76 in 4 years. Find the annual rate of return for annual compounding. [Hint: Use P(1 + r/m)^mt with m = 1 and solve for r (rounded to one decimal place).]

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An investment of $8000 grows to $10,292.76 in 4 years. Find the annual rate of return for annual com...
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