SOLUTION: Suppose that $25000 amounts to $37500 in 6 years with interest compounded monthly. Indicate what annual rate of compound interest has been used.
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-> SOLUTION: Suppose that $25000 amounts to $37500 in 6 years with interest compounded monthly. Indicate what annual rate of compound interest has been used.
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Question 1201589: Suppose that $25000 amounts to $37500 in 6 years with interest compounded monthly. Indicate what annual rate of compound interest has been used. Answer by Glaviolette(140) (Show Source):
