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Annually compounded rate of return

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For an investment to triple in value during a 10-year period

a. What annually compounded rate of return must it earn? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Annually compounded rate of return %

b. What quarterly compounded rate of return must it earn? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Quarterly compounded rate of return %

c. What monthly compounded rate of return must it earn? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Monthly compounded rate of return %

Reference no: EM133074860

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