For an investment to triple in value during a 15-year period,
a) what annually compounded rate of return must it earn?
b) what quarterly compounded rate of return must it earn?
c) what monthly compounded rate of return must it earn?
b)
N
1/Y
PY
CY
PMT
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Answer:
"CY" (and any subsequent words) was ignored because we limit queries to 32 words.
Explanation:
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