Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
duo21 duo21
wrote...
Go to Answer
Posts: 140
Rep: 0 0
10 months ago
An initial $3,000 investment was worth $5200 after four years and seven months. What monthly compounded nominal rate of return did the investment earn?

▸ 11.06% compounded monthly

▸ 10.06% compounded monthly

▸ 12.06% compounded monthly

▸ 13.06% compounded monthly

▸ 14.06% compounded monthly
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 63 times
1 Reply
Replies
Answer verified by a subject expert
lampardlampard
wrote...
#1
Posts: 123
Rep: 1 0
10 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

duo21 Author
wrote...

10 months ago
Just got PERFECT on my quiz
hpascoe
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
veronee_madison
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1276 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 475
  
 3514
  
 342
Your Opinion
How often do you eat-out per week?
Votes: 79
Previous poll results: Which country would you like to visit for its food?