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Business, 04.04.2020 14:33 tigistamare03

A downtown bank is advertising that if you deposit $1,000 with them, and leave it there for 65 months, you can get $2,000 back at the end of the period. Assuming monthly compounding, what is the interest rate paid by the bank

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A downtown bank is advertising that if you deposit $1,000 with them, and leave it there for 65 month...

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