Thomas74331 Thomas74331

28-06-2019
Mathematics

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A dot-com company plans to place money in a new venture capital fund that currently returns 18% per year, compounded daily, what effective rate is this (a) yearly and (b) semi-annually?

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jayinsehgal8 jayinsehgal8

28-06-2019

Answer:it is 18*20 effective every year

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