Question
You bank statement shows a current balance of AED 100,000 as aresult of a single deposit made 10 years previously. Over thisperiod the interest rate
You bank statement shows a current balance of AED 100,000 as aresult of a single deposit made 10 years previously. Over thisperiod the interest rate has been 5%. The original deposit isnearest to
AED 39,000
AED 42,000
AED 32,550
AED 48,550
You bank statement shows a current balance of AED 100,000 as aresult of a single deposit made 10 years previously. Over thisperiod the interest rate has been 5%. The original deposit isnearest to
AED 39,000 | ||
AED 42,000 | ||
AED 32,550 | ||
AED 48,550 |
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Market Practice In Financial Modelling
Authors: Tan Chia Chiang
1st Edition
9789814366540
