Batman has been offered the following investment, Ask an Expert

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Batman has been offered the following investment opportunity. He promises to invest $ 10000 now and $11988 in two years, and in return will receive $21900 in one year. What are the possible effective rates of interest? (If you find more than one, list them separated by commas.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92305892

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