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Home Q & A Board Science-Related Homework Help Mathematics
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adnan_buljic adnan_buljic
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3 months ago
Your father purchased a strip bond for his RRSP. He paid $1,800 for a $3,000 face value bond with five years remaining until maturity. What semiannually compounded rate of return will he realize over the five years?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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nilabmirzadanilabmirzada
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10.48% compounded semiannually
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adnan_buljic Author
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3 months ago
Thank you, thank you, thank you!
kh540941
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Yesterday
Good timing, thanks!
nsak
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2 hours ago
You make an excellent tutor!
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