Effective interest rate in order

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1. From a Christian worldview, how important is it to manage the things in which God has entrusted us with? Are these things really ours or Gods? Explain.

2. Find how long $1500 should be left to accumulate at 7% effective interest rate in order that it will amount to thrice the accumulated value of another $1000 deposited at the same time at 4% effective interest rate.

Reference no: EM131314396

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