Question
If the accumulated value of an investment that is growing at 3.20% compounded semi-annually is $83,162.24, and the interest earned on this investment is $19,162.24,
If the accumulated value of an investment that is growing at 3.20% compounded semi-annually is $83,162.24, and the interest earned on this investment is $19,162.24, calculate the time period of this investment.
__Years and __ Months
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Contemporary Issues In Quantitative Finance
Authors: Ahmet Can Inci
1st Edition
1032101121, 978-1032101125
