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Complete the table below. Show your solution for each item. Write your answer on a piece of paper

Complete the table below. Show your solution for each item. Write your answer on a piece of paper

Essentials Of Investments
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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Complete the table below. Show your solution for each item. Write your answer on a piece of paper Simple interest Final amount 13, 008 pesos Compound interest Principal 12, 000 pesos 65,500 pesos 47, 457.50 pesos 23, 150 pesos 41.30 pesos 24, 020 pesos 36.50 pesos 25,000 pesos Interest rate Number of periods interest 2.8% 1,008 pesos 3.5% 0.1% 6.25% 2.5 years 5 years 2 years 3 years 6 years 24, 307.50 peso 48.06 pesos 4.8 pesos
Transcribed Image Text:Complete the table below. Show your solution for each item. Write your answer on a piece of paper Simple interest Final amount 13, 008 pesos Compound interest Principal 12, 000 pesos 65,500 pesos 47, 457.50 pesos 23, 150 pesos 41.30 pesos 24, 020 pesos 36.50 pesos 25,000 pesos Interest rate Number of periods interest 2.8% 1,008 pesos 3.5% 0.1% 6.25% 2.5 years 5 years 2 years 3 years 6 years 24, 307.50 peso 48.06 pesos 4.8 pesos
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