What is the annual interest rate for the two years period

Reference no: EM13690383

Assume that a $100 at February 1, 2014 will worth $110 on January 31, 2015 and was $ 90 on January 31, 2013:

A- Compute the interest rate for past and next year. Are they the same?

B- What is the annual interest rate for the two years period?

Reference no: EM13690383

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