ST-l. You place $25,000 in a savings account paying annual compound interest of 8 percent for three
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ST-l. You place $25,000 in a savings account paying annual compound interest of 8 percent for three years and then move it into a savings account that pays 10 percent interest compounded annually. How much will your money have grown at the end of six years?
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Divya Munir
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
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Related Book For 
Financial Management Principles And Applications
ISBN: 9780131450653
10th Edition
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
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