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4. Bank A pays 5% compounded annually, and bank B pays 5% simple interest. If you want to triple your investment, compared to save the
4. Bank A pays 5% compounded annually, and bank B pays 5% simple interest. If you want to triple your investment, compared to save the money in bank A, how many more years will you take if you save the money in bank B? 16.5 17.5 18.5
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The Financial System Financial Regulation And Central Bank Policy
Authors: Thomas F. Cargill
1st Edition
1107035678, 9781107035676
