Question
6. A capital of $5,000,000 is invested at an interest rate of 28% compounded monthly for 2 years. If inflation remains constant at 1.23% per
6. A capital of $5,000,000 is invested at an interest rate of 28% compounded monthly for 2 years. If inflation remains constant at 1.23% per month, calculate: (Develop in Excel)
a. Future value in nominal or current terms
b. Future value in real or constant terms
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Advances In Financial Machine Learning
Authors: Marcos Lopez De Prado
1st Edition
1119482089, 978-1119482086
