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10. (-/5.26 Points DETAILS TANAPMATH7 4.1.062 MY NOTES AUX YOUR TEACHER Anthony invested a sum of money 5 years ago in a savings account that
10. (-/5.26 Points DETAILS TANAPMATH7 4.1.062 MY NOTES AUX YOUR TEACHER Anthony invested a sum of money 5 years ago in a savings account that has since pod interest at the rate of/veor compounded quarterly. His investment is now worth $25.00 How much did he originally invest? (Round your answer to the nearest cont.) . 11. [-/5.26 Points) DETAILS TANAPMATH7 4.1.060 MY NOTES ASK YOUR TEACHER An individual purchased a 5-year $10,000 promissory note with an interest rate of 6.5W/year compounded semiannually. How much did the nobe cost? (Round your answer to the nearest cont.)
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Intermediate Financial Management
Authors: Eugene F. Brigham, Louis C. Gapenski
4th Edition
0030754828, 978-0030754821
