Question
You have $540 in an account which pays 4.5% compounded annually. How many additional dollars of interest would you earn over 5 years if you
You have $540 in an account which pays 4.5% compounded annually. How many additional dollars of interest would you earn over 5 years if you moved the money to an account earning 6.7%?
How many additional dollars of interest would you earn over 5 years from the account that pays 6.7%?
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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