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gewusel gewusel
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6 years ago
What is the nominal rate of interest at which money will be 5 times itself in 20 years and six months if compounded semi-annually?
A) 0.04%
B) 4%
C) 48%
D) 8%
E) 4.61%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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