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smartunicorn
smartunicorn smartunicorn
  • 07-12-2016
  • Mathematics
Answered

For an investment of $26,245, a quarterly statement reports that the account balance is $26,292. The statement also reports that for the same quarter, the rate of return on the investment was - 0.02%. Given the information regarding the investment's quarterly activity, is the reported rate of return reasonable? Use complete sentences to explain your answer.

Verified Answer :

minecrafter333
minecrafter333 minecrafter333
  • 07-12-2016

52,537.02 is your answer i hope i helped

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