Multiple Choice
If you receive $10 000 back as principal and interest at the end of two years for an initial investment of $9127 at the start of the term,what is the yield on your investment?
A) 4.37% per annum
B) 4.78% per annum
C) 8.73% per annum
D) 9.57% per annum
Correct Answer:
Verified
Correct Answer:
Verified
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