Question
Question: John had made a deposit of 5,000 PLN in the bank on the account with continuous capitalization offering 2.5% rate per quarter (under cont.
Question: John had made a deposit of 5,000 PLN in the bank on the account with continuous capitalization offering 2.5% rate per quarter (under cont. compounding). How much will he accumulate on the deposit after 5 years?
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
