Jen made an initial investment of

$1000 into a T-Bill account. After 2

years, her investment totaled $1 175.

Calculate the rate of appreciation, r, of

the investment. Give answer to 2 decimal

places.

1.175
------ = 1
1000 - -1
2

1 answer

See previous post: Tue, 4-7-15, 7:04 AM.
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