Question
A bank offers an annual interest rate of 7 .5% compounded continuously for savings in excess of $1000 or more deposited for over 4 years.
A bank offers an annual interest rate of 7 .5% compounded continuously for savings
in excess of $1000 or more deposited for over 4 years. If $1642 is deposited on
the first of January 1999 how much would this amount to in January 2001
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
978-1259024979
