Suppose you invest 101 in a bank account and five years
Suppose you invest $101 in a bank account, and five years later it has grown to $138.64
a. What APR did you receive, if the interest was compounded semi-annually? ___%
b. What APR did you receive if the interest was compounded monthly?
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suppose you invest 101 in a bank account and five years later it has grown to 13864a what apr did you receive if the
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vc funds in the us generally do not accept direct investments from individual investors who are not already very
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