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Calculate the amount needed to be deposited today that can accumulate to 10,000in 5 years if the interest rate is 8% per annum compounded annually.
Calculate the amount needed to be deposited today that can accumulate to 10,000in 5 years if the interest rate is 8% per annum compounded annually. What if the interest rate was compounded monthly?
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Essentials Of Accounting For Governmental And Not-for-Profit Organizations
Authors: Paul A Copley
11th Edition
0078025451, 9780078025457
