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Other Fields Homework Help Management Topic started by: stranahan on Nov 20, 2016



Title: Elizabeth is seeking to expand her rare coin collection. Each year, rare coins increase in price at ...
Post by: stranahan on Nov 20, 2016
Elizabeth is seeking to expand her rare coin collection. Each year, rare coins increase in price at a three percent rate. She believes that if she invests her money for one year, she should be able to buy 26 coins for what 25 coins would cost today. What is her real interest rate or reward for waiting?
A) 1.00%
B) 3.00%
C) 3.00%
D) 4.00%


Title: Re: Elizabeth is seeking to expand her rare coin collection. Each year, rare coins increase in price ...
Post by: crackerspoppy on Nov 20, 2016
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Title: Re: Elizabeth is seeking to expand her rare coin collection. Each year, rare coins increase in price at ...
Post by: stranahan on Jan 6, 2017
Thanks ^-^