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suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463% with the interest added
suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463% with the interest added (compounded) daily. how much will you have in your account on October 1, or 9 months later?
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ISE Analysis For Financial Management
Authors: Robert C. Higgins Professor, Jennifer Koski
13th International Edition
1265042632, 9781265042639
