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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Related Book For
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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