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ikrabbe ikrabbe
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6 years ago
At what nominal rate of interest compounded monthly will $40 000.00 earn $7200.00 interest in three years?
A) 6%
B) 0.461%
C) 4.879%
D) 59%
E) 4.61%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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