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An investment of $1,000,000 yields $1,100,000 in exactly one year. Calculate the annual rate of return...

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Finance

An investment of $1,000,000 yields $1,100,000 in exactly oneyear. Calculate the annual rate of return on this investmentwith:

annual compounding

semiannual compounding

Monthly compounding

Continuous compounding.

Answer & Explanation Solved by verified expert
4.3 Ratings (796 Votes)
Annual Compounding FV Deposit 1 rn where r is int rate per period and n is no of periods FV Deposit 1 rn 1100000 1000000    See Answer
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