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With the annual rate of 2.3% compounded semi-annually, Jack invested $39 650 of his money and $7 530 of his sister money in stocks. Using
- With the annual rate of 2.3% compounded semi-annually, Jack invested $39 650 of his money and $7 530 of his sister money in stocks. Using the compound interest formula determine the value of their investment after 7 years?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
13th edition
1285198840, 978-1285198842
