Question
Olivia invested $201 for 16 months in a bank and received a maturity amount of $224.25. If she had invested the amount in a fund
Olivia invested $201 for 16 months in a bank and received a maturity amount of $224.25. If she had invested the amount in a fund earning 1.30% p.a. more, how much would she have had received at maturity?
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Financial Accounting The Impact On Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
6th Edition
0324655231, 978-0324655230
