Question
Question 1 a. What is value of $325 at interest rate of 2.2% after 14 years? (2 decimal places) b. Now what if there is
Question 1
a. What is value of $325 at interest rate of 2.2% after 14 years? (2 decimal places)
b. Now what if there is a fee of 20 basis points -- what is the value of $325 after 14 years? (2 decimal places)
c. How much is the difference, that is lost to the fees?
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Finance For Non Financial Managers
Authors: Gene Siciliano
1st Edition
0071413774, 978-0071413770
