Please answer #2) If the interest rate is 4%, what are the proceeds of a $5,000 investment after 10 years? a) assuming simple interest b) assuming compound interest 2. What if interest in #1 is compounded semi-annually? What if monthly?
Please answer #2) If the interest rate is 4%, what are the proceeds of a $5,000 investment after 10 years? a) assuming simple interest b) assuming compound interest 2. What if interest in #1 is compounded semi-annually? What if monthly?
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 8EA: You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how...
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(Please answer #2)
If the interest rate is 4%, what are the proceeds of a $5,000 investment after 10 years?
a) assuming simple interest
b) assuming
2. What if interest in #1 is compounded semi-annually? What if monthly?
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