Question
Colton has an investment that has now grown to $800,000. If this investment has been earning 11% interest with quarterly compounding for the past
Colton has an investment that has now grown to $800,000. If this investment has been earning 11% interest with quarterly compounding for the past 35 years, what was his original investment amount?
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Modern Advanced Accounting in Canada
Authors: Hilton Murray, Herauf Darrell
8th edition
1259087557, 1057317623, 978-1259087554
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