Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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How do you solve this on a HP 10bII+ financial calculator?
Transcribed Image Text:Ms. Keto invested $500 per year for 10 years and received $12,000 at the end of the 10th year. Find the annual interest rate she
received?
O A. 16.9%
OB. 18.4%
O C. 19.9%
O D.21.3%
O E. 23.9%
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