4. Compound interest (S2.1) New Savings Bank pays 4% interest on deposits. If you deposit $1,000 in...
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4. Compound interest (S2.1) New Savings Bank pays 4% interest on deposits. If you deposit
$1,000 in the bank and leave it there, will it take more or less than 25 years for your investment to double? You should be able to answer this without a calculator.
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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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