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Maria deposits 200 into her account at time 0 with nominal rate of i, compounded quarterly. Sara deposits same amount into a different savings account
Maria deposits 200 into her account at time 0 with nominal rate of i, compounded quarterly. Sara deposits same amount into a different savings account at time 0, which pays simple interest rate of i. both earn same interest during the first quarter of the third year calculate i.
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
