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?

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Advanced Accounting

ISBN: 9781260247824

14th Edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

Posted Date: Jul 12, 2024 10:06 AM

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If a company has an opportunity to invest $85000 now for 14 years at 18% per year

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Advanced Accounting

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