Question
I cannot find answers, please help. A teacher won $100,000 and invests this money for 5 years at an interest rate of 4%(compounded annually). How
I cannot find answers, please help.
A teacher won $100,000 and invests this money for 5 years at an interest rate of 4%(compounded annually). How much will the teacher have in principal and interest at the end of the 5 years?
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Entrepreneurial Finance
Authors: Chris LeachJ LeachRonald Melicher
3rd Edition
0324561253, 9780324561258
