Question
An investor receives $1,084 in return in one year for an investment of $1,000 now. Calculate the percentage return per annum with: Monthly compounding. (enter
An investor receives $1,084 in return in one year for an investment of $1,000 now. Calculate the percentage return per annum with:
Monthly compounding.
(enter percentage in decimal form to four decimal places, i.e. eleven and a half percent would be entered as 0.1150)
(Required precision: 0.0001 +/- 0.0001)
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The Finance Book
Authors: Stuart Warner, Si Hussain
1st Edition
1292123648, 978-1292123646
