Essay
At what nominal rate of interest compounded annually will $5000 earn $2500 interest in seven years?
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PV = 5000, FV = 5000 + 2500 = ...View Answer
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Correct Answer:
Verified
PV = 5000, FV = 5000 + 2500 = ...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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