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8,800 is invested at time t=0. Calculate the accumulated value of the fund after 19 years if the nominal rate of interest is 6.2% per
8,800 is invested at time t=0. Calculate the accumulated value of the fund after 19 years if the nominal rate of interest is 6.2% per annum convertible monthly for the first 7 years, and thereafter the force of interest is 4.03% per 4 months for the remaining years
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
