An investor receives $1,100 in one year in return for an investment of $1,000 now. Calculate the
Question:
An investor receives $1,100 in one year in return for an investment of $1,000 now. Calculate the percentage return per annum with
a) Annual compounding,
b) Semiannual compounding,
c) Monthly compounding
d) Continuous compounding.
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a With annual compounding the return is or 10 per annum b With semiannual compounding t...View the full answer
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