Question
Your bank pays 2.5% interest per year. You put $1,000 in the bank today and another $500 in a year. calculate How much will it
Your bank pays 2.5% interest per year. You put $1,000 in the bank today and another $500 in a year. calculate How much will it be in the bank in 2 years?
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Step: 1
Given that Poresent Value PV 1000 for 2 years Pv 500 for ...
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Financial Analysis with Microsoft Excel
Authors: Timothy R. Mayes, Todd M. Shank
7th edition
1285432274, 978-1305535596, 1305535596, 978-1285432274
