Essay
Write the word or phrase that best completes each statement or answers the question.Decide whether the statement makes sense. Explain your reasoning.
-The total return on the account over 10 years was 60%. So the annual return was 6%. That
means if we had received an APY of 6% for 10 years, that would have amounted to the
same thing.
Correct Answer:
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No, the statement does not make sense. W...View Answer
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Correct Answer:
Verified
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