1. Suh-Pyng Ku has put $500 in a savings account at the First National Bank of Kent....
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1. Suh-Pyng Ku has put $500 in a savings account at the First National Bank of Kent.
The account earns 7 percent, compounded annually. How much will Ms. Ku have at the end of three years?
Figure 4.5 illustrates the growth of Ms. Ku’s account.
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Related Book For 
Corporate Finance
ISBN: 9780071229036
6th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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