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2 years ago
Isabel believes that she can accumulate $5,000,000 over 35 years by investing $4,500 at the beginning of every quarter year. What semiannually compounded nominal rate would she need to earn?

▸ 9.506%

▸ 9.951%

▸ 9.619%

▸ 8.926%

▸ 9.850%
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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nalsaidynalsaidy
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