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Aurange
Aurange Aurange
  • 27-02-2017
  • Mathematics
Answered

What is the effective rate of interest if $1,000 compounds to $1,331 in 3 years?

The effective rate of interest, if $1,000 compounds to $1,331 in 3 years is ___%.

Verified Answer :

jaidenwarde1 jaidenwarde1
  • 02-05-2019

Answer:

10%

Step-by-step explanation:

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