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you have just deposited $8,000 into an account that promises to pay you an annual interest rate of 5.9% each year for the next 5
you have just deposited $8,000 into an account that promises to pay you an annual interest rate of 5.9% each year for the next 5 years. you will leave the money invested in the account and 15 years from today you jeex to have 19,400 in the account. what annual interest rate must you earn over the last 10 years to accomplish this goal?
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Mathematical Control Theory And Finance
Authors: Andrey Sarychev, Albert Shiryaev, Manuel Guerra, Maria Do Rosário Grossinho
2008th Edition
3540695311, 978-3540695318
