ADM 2350 Quiz: ADM 2350 M W2019 - Quiz 1 - Solution JN (1)
2 Jun 2020
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Instructions: this quiz is 90 minutes in length, this is a close-book, cheat sheets are allowed, a calculator is allowed, please write or print neatly. The school of management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. I have read the text on academic integrity and i pledge not to have committed or attempted to commit academic fraud in this examination. Note: an examination copy or booklet without that signed statement will not be graded and will receive a final exam grade of zero. What annual interest rate an investment company should generate if it promises to triple your investment in 10 years (i. e. , it promises that if you invest today, your investment will grow to in 10 years) [n] = 10 [pv] = 1,000 [fv] = - 3,000 [pmt] = 0 [cpt] = [l/y] = 11. 61%
