Question
You have $2,000 invested in a bank account that pays a 4% nominal interest rate with daily compounding. How much money will you have in
You have $2,000 invested in a bank account that pays a 4% nominal interest rate with daily compounding. How much money will you have in the account at the end of July (in 132 days)? (Assume there are 365 days in each year.)
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
