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Mohamed has two options to deposit his money in a bank. NBB promise 10% p.a. simple interest and BBK agree to pay 10% p.a. compound
Mohamed has two options to deposit his money in a bank. NBB promise 10% p.a. simple interest and BBK agree to pay 10% p.a. compound interest. After a year, what will happen? Question 8Answer a. Compound interest account (BBK) would have more money b. Simple interest account (NBB) would have more money c. Both accounts would have the same money
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Handbook On Second Lien Loans & Intercreditor Agreements
Authors: Mark N. Berman, Jo Ann J. Brighton
1st Edition
0981865593, 978-0981865591
