Question
What would be the interest earned on a $6,000 deposit during the third year of its life if no money is withdrawn from the bank
What would be the interest earned on a $6,000 deposit during the third year of its life if no money is withdrawn from the bank during that time, and the deposit pays an annual interest rate of 3.5 percent, with annual compounding?
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Canadian Public Finance
Authors: Genevieve Tellier
1st Edition
1487594410, 978-1487594411
