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From: Fernando Loprete
What is a formula i can use to work out the compounding rate per year, if i only know the final rate of return for a ten year period. The final rate is 28.60% after ten years. What would the compounding annual rate be? Thanks in advance.
What is a formula i can use to work out the compounding rate per year, if i only know the final rate of return for a ten year period. The final rate is 28.60% after ten years. What would the compounding annual rate be? Thanks in advance.
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