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$1000 is deposited in a bank earning 8% compounded annually. What will be the balance at the end of ten years? What will be the
$1000 is deposited in a bank earning 8% compounded annually. What will be the balance at the end of ten years? What will be the ending balance assuming money is compounded quarterly?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
