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thallium81 thallium81
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10 months ago
A five-year promissory note for $5700 plus interest at 6.75% compounded semiannually was sold 18 months before maturity for $6620. What monthly compounded nominal rate of return will the buyer realize on the investment? Round to the nearest 0.01%.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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rion20000rion20000
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10 months ago
You make an excellent tutor!
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Smart ... Thanks!
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This helped my grade so much Perfect
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