PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS 3.- Carmen Arámbula received her paycheck on August 15 for $23,450.00, and decided to invest it immediately, with a 60-day term, at the end she received $23,918.35. At what annualized interest rate did she invest it? Take the actual year.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS

PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS

PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS

3.-
Carmen Arámbula received her paycheck on August 15 for $23,450.00, and decided to invest it immediately, with a 60-day term, at the end she received $23,918.35. At what annualized interest rate did she invest it? Take the actual year.

Note:
In the image, this is the original exercise, it is in Spanish, but it is easy to understand.

Very important Note:
It is necessary that you make a solution approach and then the result. Above all, to check the procedure and/or the formulas used, especially when you use excel.

please... understand the context of the exercise in Spanish, it is easy to understand.

Carmen Arámbula recibió el cheque de su quincena el 15 de agosto por $23,450.00, y decidió invertirlo inmediatamente, a
60 días de plazo, al final recibió $23,918.35. ¿A qué tasa de interés anualizada lo invirtió? Toma el año real.
Transcribed Image Text:Carmen Arámbula recibió el cheque de su quincena el 15 de agosto por $23,450.00, y decidió invertirlo inmediatamente, a 60 días de plazo, al final recibió $23,918.35. ¿A qué tasa de interés anualizada lo invirtió? Toma el año real.
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