You invest $1,000 for 3 years at 6% per annum compounding quarterly. What is the equivalent annual simple rate of interest?

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

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Answer 11

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You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

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Answer 12

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Answer 13

Follow-up Question

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

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Answer 14

Follow-up Question

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

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Answer 15

Follow-up Question

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

Answer 16

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Answer 17

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Answer 18

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

Answer 19

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

Answer 20

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Answer 21

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Answer 22

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Answer 24

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Answer 25

Follow-up Questions

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Follow-up Question

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

Solution

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Answer 26

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Follow-up Question

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

Solution

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Answer 27

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Answer 28

Follow-up Question

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

Solution

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Answer 29

Follow-up Question

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

Solution

by Bartleby Expert

SEE SOLUTION

Answer 30

Follow-up Question

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

Answer 31

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Answer 32

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Answer 33

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?

Answer 34

You invest $5,000 for five years making no further deposits or withdrawals. After 5 years you have a balance of $9,765. What was your equivalent annual simple rate of return?