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Create an appropriate ( TVM ) formula using the supplied values in the appropriate cell so Excel can calculate the answer. What is the rate
Create an appropriate TVM formula using the supplied values in the appropriate cell so Excel can calculate the answer.
What is the rate of interest if your money doubles every years? This is also known as Rule of
Given the same annual interest rate, would you rather have a savings account that paid interest compounded on a monthly basis, or one that compounded interest on an annual basis? Perform the calculation to support your answer.
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