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solina solina
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6 years ago
What is the annual compounded interest rate of an investment with a stated interest rate of 6% compounded quarterly for seven years (round to the nearest .1%)?
A) 51.7%
B) 6.7%
C) 10.9%
D) 6.1%
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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vanrheevanrhee
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#1
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6 years ago
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solina Author
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6 years ago
Brilliant ツ
rudy.zondo
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Yesterday
Correct Slight Smile TY
megan.xo
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2 hours ago
Thank you, thank you, thank you!
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