Suppose an investment offers to quadruple your money in 18, Financial Management

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Suppose an investment offers to quadruple your money in 18

Calculating Rates of Return

Suppose an investment offers to quadruple your money in 18 months (don’t believe it). What rate of return per quarter are you being offered? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Rate of return %

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Financial Management: Suppose an investment offers to quadruple your money in 18

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Financial Management: Suppose an investment offers to quadruple your money in 18

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