Question
b. Find the future value of an investment if ksh12,500 is deposited at the beginning of each period for 9 years and the interest rate
b. Find the future value of an investment if ksh12,500 is deposited at the beginning of each period for 9 years and the interest rate is 16% pa , compounded ;(12marks)
a) Annually
b) Semi-annually
c) Quaterly
d) Monthly
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The Structured Credit Handbook
Authors: Arvind Rajan, Glen McDermott, Ratul Roy
1st Edition
0471747491, 978-0471747499
