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Question: problem 1124 an investor deposits 1000 on january 1 of...

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Problem 11.24 An investor deposits 1000 on January 1 of year r and deposits 1000 on Jan- uary 1 of year r+2 into a fund that matures on January 1 of year r +4. The interest rate on the fund differs every year and is equal to the annual effec tive rate of growth of the gross domestic product (GDP) during the fourth quarter of the previous vear The following are the relevant GDP values for the past 4 years. Year Quarter III 800.0 850.0900.0930.0 Quarter IV 808.0 858.5918.0948.6 What is the effectiv period? e interest rate earned by the investor over the 4-vea

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