O O Multiple Choice What quarterly compounded rate of return will allow investments of $800 at the end of every six months to accumulate to $24,000 after 10 years? 14.876% 8.062% 8.309% 8.143% 15.286% Help Save & Exit Sube

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What quarterly compounded rate of return will allow investments of $800 at the end of every six months to accumulate to $24,000 after 10 years?
14.876%
8.062%
8.309%
8.143%
15.286%
Help
Save & Exit
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Transcribed Image Text:O O Multiple Choice What quarterly compounded rate of return will allow investments of $800 at the end of every six months to accumulate to $24,000 after 10 years? 14.876% 8.062% 8.309% 8.143% 15.286% Help Save & Exit Sube
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