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Regularly you can save a given amount of money for a 5 year long period with a 1 2 % annual nominal interest rate. You
Regularly you can save a given amount of money for a year long period with a annual nominal interest rate. You can save at the end of each month.
How much is the present value of your savings?
How much is the interest rate that is used by your calculation?
How many compounding periods appear during the saving interval?
How much is the discount factor?
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The ACT Guide To Ethical Conflicts In Finance
Authors: Andreas Prindl, Bimal Prodhan
1st Edition
1855732564, 978-1855732568
