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(Future value) (Simple and compound interest) If you deposit $10 000 today into an account earning an 11% annual return rate, how much interest would
(Future value) (Simple and compound interest) If you deposit $10 000 today into an account earning an 11% annual return rate, how much interest would be earned in the third year? How much of the total is simple interest, and how much results from the compounding interest
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Financial Markets And Institutions A Modern Perspective
Authors: Anthony Saunders, Marcia Millon Cornett, Marcia Cornett
2nd Edition
007294109X, 978-0072941098
