Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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1. Find the
2. A bank charges 11% discount on short term loan& Find the sum received by the borrower
who requests Php1,500 from October 3, 2011 to March 01, 2012, Use exact simple interest.
3. Law borrowed $2000 from Bence at 8% per annum. After 6 year he cleared the amount by
giving $2600 cash and a toy car. Find the cost of the toy car.
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