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4. If you borrow the entire fund of your renovation project now (e.g. $100,000) from a bank at an interest of 6% compounded daily
4. If you borrow the entire fund of your renovation project now (e.g. $100,000) from a bank at an interest of 6% compounded daily and the project takes 2 years to complete, what would be the actual value of your renovation work at completion?
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Fundamentals of Thermodynamics
Authors: Richard E. Sonntag, Claus Borgnakke, Gordon J. Van Wylen
6th edition
471152323, 978-0471152323
