Question
Timber Inc. invested profits of $165,000.00 in a GIC at 5.32% compounded monthly. How long will it take for the investment to grow to a
Timber Inc. invested profits of $165,000.00 in a GIC at 5.32% compounded monthly. How long will it take for the investment to grow to a value of at least $205,000.00?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
