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1. You plan to invest $2,500 in a money market account which will pay an annual stated (simple) interest rate of 8 percent. If
1. You plan to invest $2,500 in a money market account which will pay an annual stated (simple) interest rate of 8 percent. If you leave this money on deposit for two year, what will be your ending balance when you close the account?
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You will have 2900 in your account after two years Here...
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
5th edition
1259289907, 978-1259289903
