1 if the first-year interest rate is 2 and the second year, Ask an Expert

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1. If the first-year interest rate is 2% and the second year interest is 3%, what is the 2-year total interest rate?

2. Although a 2-year project had returned 22% in its first year, overall it lost half of its value. What was the project's rate of return after the first year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91990244

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