Question
I have $80,000 in my bank account today. The bank manager told me that I will have $130,000 money in seven years if I keep
I have $80,000 in my bank account today. The bank manager told me that I will have $130,000 money in seven years if I keep the money in this account and dont touch it (meaning that I wont withdraw from it or dont add more into it). The account pays me weekly interest. What is the APR for my account?
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
