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Business, 20.10.2020 16:01 ashley110608

An investor buys 100 shares of a stock for $20,000. After 5 years the stock is sold for $32,000. If interest is compounded continuously, what annual nominal rate of interest did the original $20,000 investment earn? Round the final answer to the nearest hundredth.

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An investor buys 100 shares of a stock for $20,000. After 5 years the stock is sold for $32,000. If...
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