If a company has an opportunity to invest $85000 now for 14 years at 18% per year
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If a company has an opportunity to invest $85000 now for 14 years at 18% per year simple interest or 10% per year compound interest, which investment should be made?
Related Book For
Advanced Accounting
ISBN: 9781260247824
14th Edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
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