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A local bank is offering 9% interest, compounded monthly on savings accounts. If you deposit $700 today, how much will you have in 2 years?
A local bank is offering 9% interest, compounded monthly on savings accounts. If you deposit $700 today, how much will you have in 2 years? How much will you have in 2.5 years?
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
