Question
If you deposit 1000 dinars in a bank for a period of three years and at a compound annual interest rate of 10%,If you know
If you deposit 1000 dinars in a bank for a period of three years and at a compound annual interest rate of 10%,If you know that the interest is semi-annual, what the value at the end of the period will be(future value):
a. 1340 b. 1030 c. 751 d. 1331
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For Mowen/hansen/heitgers Cornerstones Of Managerial Accounting, 6th Edition, [instant Access]
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
6th Edition
1305280768, 9781305280762
