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535.29 = 400(1 + r) 5
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535.29 = 400(1 + r) 5

User Alex Klibisz
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1 Answer

4 votes

Answer:

Explanation:


(1+r)^5=(535.29)/(400) \\1+r=((535.29)/(400)) ^{(1)/(5) } \\1+r \approx 1.06\\r \approx .06

User Jiji
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