If 45,648.00 becomes 67,830.53 in 5 years, how much is the rate of interest compounded quarterly?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
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If 45,648.00 becomes 67,830.53 in 5 years, how much is the rate of interest compounded quarterly?
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