Question
For the past 10 years ,M has deposited $40 at the end of each month in a savings bank paying 3% compounded semiannually, If the
For the past 10 years ,M has deposited $40 at the end of each month in a savings bank paying 3% compounded semiannually, If the policy of the bank is to place each deposit at 3% simple interest on the first of each month and compound semiannually, Find the amount to M credit.
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The Management Of Business Finance
Authors: John Freear
1st Edition
0273014315, 978-0273014317
