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if you are investing 1500 for n=16 years at 7.1% annual interest with compounding, how much more money would you have at the end of
if you are investing 1500 for n=16 years at 7.1% annual interest with compounding, how much more money would you have at the end of these n years compared to being paid back over the same time period and the same annual interest but calculated as only simple interest without compounding
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Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
6th Edition
0321113624, 978-0321113627
