Presently the Smiths invest $100,000 for A months in a certificate paying interest at the nominal rate of 6% compounded monthly. How much will they have at the end? We have A=117 Round your answer to the first decimal. (for instance, 43.232 gives 43.23, 124.756 gives 124.76). The decimal separator is a point.
Presently the Smiths invest $100,000 for A months in a certificate paying interest at the nominal rate of 6% compounded monthly. How much will they have at the end? We have A=117 Round your answer to the first decimal. (for instance, 43.232 gives 43.23, 124.756 gives 124.76). The decimal separator is a point.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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