1. Assume you plan to invest $2000 for five years in a bank where the bank is offering to pay a simple interest of S% per annum. Calculate the value of investment after 5 years.

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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FIN 501: FUNDAMENTALS OF FINANCE
TUTORIAL 4 QUESTIONS
1. Assume you plan to invest $2000 for five years in a bank where the bank is offering to pay a
simple interest of S% per annum. Calculate the value of investment after 5 years.
Transcribed Image Text:FIN 501: FUNDAMENTALS OF FINANCE TUTORIAL 4 QUESTIONS 1. Assume you plan to invest $2000 for five years in a bank where the bank is offering to pay a simple interest of S% per annum. Calculate the value of investment after 5 years.
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