Rosie deposits 1431717 into an account that pays simple


Rosie deposits $14317.17 into an account that pays simple interest at a rate of 6.74%. If Rosie withdraws all of the money from this account after 12 years, what is the equivalent annual compound interest rate for this investment assuming this rate compounds weekly?

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Financial Management: Rosie deposits 1431717 into an account that pays simple
Reference No:- TGS02155145

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