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Under certain conditions , Swiss banks pay negative interest-they charge you. (You didnt't think all secrecy was free?) Suppose a bank pays -4.1% compounded annually.
Under certain conditions , Swiss banks pay negative interest-they charge you. (You didnt't think all secrecy was free?) Suppose a bank "pays" -4.1% compounded annually. Find the compound amount for a deposit of $210,000 after 8 years .
the compound amount after 8 years is = $ ____.
Do NOT round UNTIL Final answer. round to nearest cent as needed.
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ISE Real Estate Finance And Investments
Authors: Jeffrey Fisher William B. Brueggeman
17th International Edition
1264892888, 9781264892884
