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    Exam 9: Compound Interest: Further Topics and Applications
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    An $8600 Investment Was Worth Only $7900 One Year Later
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An $8600 Investment Was Worth Only $7900 One Year Later

Question 157

Question 157

Short Answer

An $8600 investment was worth only $7900 one year later. If the rate of total return for the year was -5%, how much income was received from the investment during the year?

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