Question
If you had deposited $1.00 in a bank account at an annual rate of 2% at the beginning of 1929, how much would you have
If you had deposited $1.00 in a bank account at an annual rate of 2% at the beginning of 1929, how much would you have in the account at the end of 2008, assuming the interest rate remained constant?
$81.60
$160.00
$4.88
$47.79
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
15th edition
134796551, 134796550, 978-0134796550
