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Using a Money Market rate 1.24/1.25 APY show how long it would take for the account to reach one million dollars given an initial investment
- Using a Money Market rate 1.24/1.25 APY show how long it would take for the account to reach one million dollars given an initial investment of $1000 assuming the interest was compounded monthly. Show work& calculations using compound interest formula A=P(1+ r ) nt
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Finance For A Better World
Authors: Henri-Claude De Bettignies, F. Lépineux
2009th Edition
0230551300, 978-0230551305
