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Mathematics, 28.11.2020 15:40 moss4951
Harry is saving for the deposit for an apartment. He has 21 350 EUR, but needs at least 30 000 EUR in 3 years time. He compares banks that offer annual interest compounded monthly. What is the minimum interest rate he requires to meet his needs? Give your answer to three significant figures.
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Harry is saving for the deposit for an apartment. He has 21 350 EUR, but needs at least 30 000 EUR i...
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