Question
Sara invested $19,941 about 29 years ago with wells Fargo that has paid her 5 percent simple interest on her funds. Brenda invested $19941 about
Sara invested $19,941 about 29 years ago with wells Fargo that has paid her 5 percent simple interest on her funds. Brenda invested $19941 about 29 years ago in Bank of America that has paid her 5 percent interest, compounded annually. How much more interest has Brenda earned than Sara over the past 29 years?
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
0471361909, 978-0471361909
