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What Semi-Annual Compounded Nominal Rate of Return Is Required to Return

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Short Answer

What semi-annual compounded nominal rate of return is required to return $5,000 every six months if the perpetuity fund is $265,000?


Definitions:

Temperature

An indication of how hot or cold a substance is, determined by the average kinetic energy of its particles.

Ideal Gas Law

A fundamental equation that relates pressure, volume, temperature, and the amount of gas, represented as PV = nRT.

Hydrogen Gas

A colorless, odorless, highly flammable gas, the lightest of all gases, used in various industrial processes.

Temperature

An indicator of how hot or cold a system is, determined by the mean kinetic energy of its particles.

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