Question
Simple Interest (FV) How much will I have in my bank account at the end of five years if I have $435 invested at a
Simple Interest (FV) How much will I have in my bank account at the end of five years if I have $435 invested at a simple interest rate of 7%?
Example B. Simple Interest (PV) How much do I need to invest now, at a simple interest rate of 5% per annum, in order to repay a debt of $2000 in two years time?
Example C. Compound Interest (FV) Calculate the value in three years of $1000 deposited in an account that pays 8% interest pa.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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