You invest $1,000 at 6% compounded monthly. How much will you have in 1 year? In 1.5

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You invest $1,000 at 6% compounded monthly. How much will you have in 1 year? In 1.5 years?

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Fundamentals of Corporate Finance

ISBN: 978-1259024962

6th Canadian edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim

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Question Posted: Nov 14, 2017 02:13 AM

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You invest $1,000 at 6% compounded monthly. How much will you have in 1 year? In 1.5

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Per month interest 612 5 p...View the full answer

Fundamentals of Corporate Finance

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