Question
loan of $400,000 of $5% per annum compound interest half year or loan of $400,000 of 4.95% per annum compound interest daily. What are the
loan of $400,000 of $5% per annum compound interest half year or loan of $400,000 of 4.95% per annum compound interest daily. What are the future loan amount after 1 year and which one is better?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
