If you buy an investment today for $9,000. You sell the investment in 120 days for $9,500. The effective annual rate on this investment is a.76%…
If you buy an investment today for $9,000. You sell the investment in 120 days for $9,500. The effective annual rate on this investment is a. 13.76% b. 14.35% c. 15.56% d. 16.90% e. 17.87%
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