An investment offers to triple your money in 36 months, Financial Management

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An investment offers to triple your money in 36 months

An investment offers to triple your money in 36 months (don’t believe it).

Required:

What rate per year are you being offered? (Round your answer as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

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Financial Management: An investment offers to triple your money in 36 months

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Financial Management: An investment offers to triple your money in 36 months

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