Question
Bakrie wants to invest $100,000 for 10 years. Which one of the following rates will provide him with the largest future value? 8 percent simple
Bakrie wants to invest $100,000 for 10 years. Which one of the following rates will provide him with the largest future value?
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8 percent simple interest.
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8 percent interest, compounded daily
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8 percent interest, compounded quarterly
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8 percent interest, compounded annually
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All of the above give the same results
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Principles Of Project Finance
Authors: E. R. Yescombe
2nd Edition
0123910587, 9780123910585
