Question
1. Suppose you open a regular savings bank account at Bank of America. Go to their web site and look up the very small rate
1. Suppose you open a regular savings bank account at Bank of America. Go to their web site and look up the very small rate of interest you will receive on this account. Suppose you save $100 a month for five years. How much will you have at the end of 5 years?
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Financial Markets And Institutions
Authors: Jeff Madura
6th Edition
0324162618, 978-0324162615
