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2 years ago

7

A dot-com company plans to place money in a new venture capital fund that currently returns 18% per year, compounded daily, what

effective rate is this (a) yearly and (b) semi-annually?

1 answer:

vodka [1.7K]2 years ago

4 0

Answer:it is 18*20 effective every year

Step-by-step explanation:

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