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Set up the compounding factor (1+i) for the following 1) 7% p.a. compounded annually for 8 years 2) 8.4% p.a. compounded semi-annually for 10 years
Set up the compounding factor (1+i)" for the following 1) 7% p.a. compounded annually for 8 years 2) 8.4% p.a. compounded semi-annually for 10 years 3) 9.6% p.a. compounded quarterly for 8.5 years 4) 10.8% p.a. compounded monthly for 6.25 years IY n=(CY) (#of IY CY CY (1+i)" years)
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Cost Accounting A Managerial Emphasis 1
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th Edition
0133803813, 978-0133803815
