Question
you invest 20000$ in a fund that earns simple interest at i=7% for 2 years followed by simple interest at i= 5% for 3 years
you invest 20000$ in a fund that earns simple interest at i=7% for 2 years followed by simple interest at i= 5% for 3 years how much will you have at the end of 5 years
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Get StartedRecommended Textbook for
Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
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