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Home Q & A Board Science-Related Homework Help Mathematics
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ryanolson41 ryanolson41
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A year ago
Carlita invested $10,000 for 25 years. For the first 15 years she earned 15% compounded semiannually. For the last 10 years she earned 9.6% compounded monthly. What was her effective rate of return over the 25 years?

▸ 13.32%

▸ 10.03%

▸ 15.56%

▸ 12.30%

▸ 14.51%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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david200095367david200095367
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A year ago
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ryanolson41 Author
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A year ago
Just got PERFECT on my quiz
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You make an excellent tutor!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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