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
Related questions
Question
Solve the following
Transcribed Image Text:Principal
Rate
Time
Exact
Ordinary
Interest
Interest
. 1.
450,000
324,000
9,000
25,000
504,900
100 days
241 days
60 days
74 days
69 days
13%
2.
8.6%
3.
10 4%
4.
12%
5.
9 4%
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