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Unformatted text preview: her. According to the Rule of 70, what interest rate would have given her parents the same amount of money if they had put it in the bank rather than lending it to their daughter? a) 3.5 percent b) 4.5 percent c) 5 percent d) 7 percent 6. Fourteen years ago Alfred put money in his account at First National Bank. Alfred decides to cash in his account and is told that his money has quadrupled. What rate of interest did Alfred earn? a) 5 percent b) 7 percent 3937e1fe7bba25ddf3b17a7713aa5a12a24bac62.doc 2 c) 10 percent d) 14 percent 7. Go to the Statistics Canada website: http://www.statcan.gc.ca/start-debut-eng.html Determine the monthly GDP growth....
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This note was uploaded on 04/06/2012 for the course ECON 102 taught by Professor ? during the Spring '08 term at Waterloo.
- Spring '08