Question
7. I invest $100,000 in a company for five years, with a guaranteed income of 8% per year, compounded semi-annually. How much will I
7. I invest $100,000 in a company for five years, with a guaranteed income of 8% per year, compounded semi-annually. How much will I have at the end of 5 years? If the interest were compounded continuously, how much would I have in 5 years?
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Get StartedRecommended Textbook for
Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
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