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Author Question: What is the nominal rate of interest at which money will triple itself in eight years and six months ... (Read 143 times)

xroflmao

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Question 1

At what nominal rate of interest compounded quarterly will $2000.00 earn $400.00 interest in three years?

Question 2

What is the nominal rate of interest at which money will triple itself in eight years and six months if compounded semi-annually?


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Marked as best answer by xroflmao on Jun 6, 2019

stallen

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