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Suppose I invest a lump amount of $7661.00 with a promised nominal rate of 4.16% per year. If interest compounds quarterly (4 times per year),
Suppose I invest a lump amount of $7661.00 with a promised nominal rate of 4.16% per year. If interest compounds quarterly (4 times per year), what is the expected future value in 5 years?
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The Ascendancy Of Finance
Authors: Joseph Vogl, Simon Garnett
1st Edition
1509509305, 978-1509509300
