Question
If the 1-year interest rate is 20% this year, how much money will you get for a $500 investment today in one year? If the
If the 1-year interest rate is 20% this year, how much money will you get for a $500 investment today in one year? If the following 1-year interest will be 50%, how much money will you have after 2 years?
What is your total holding rate of return? Is it 70%?
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Handbook Of Blockchain Digital Finance And Inclusion
Authors: David Lee, Robert H. Deng
1st Edition
012812282X, 978-0128122822
