38. Compounding intervals (S2.4) You are quoted an interest rate of 6% on an investment of $10...

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38. Compounding intervals (S2.4) You are quoted an interest rate of 6% on an investment of

$10 million.

What is the value of your investment after four years if interest is compounded:

a. Annually?

b. Monthly?

c. Continuously?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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