Question
A low interest loan of $2000 is provided for the purchase of a low-capacity hybrid solar dryer for a period of 18 months at a
A low interest loan of $2000 is provided for the purchase of a low-capacity hybrid solar dryer for a period of 18 months at a simple interest rate of 5%. What is the future amount due at the end of the loan period? How long will it take the amount to double if compounded annually at 10% per year?
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An Introduction To Wavelet Theory In Finance
Authors: Francis In, Sangbae Kim
1st Edition
9814397830, 978-9814397834
