QUESTION 3 You invest $1.000 in a bank term deposit today 0 but are planning md your money ane the ban Te an interest rate of 6.50% per annum How long willtke you atataRound your anrtod CA500 years O14.90 years OCB49 years O 11.52 years OLB55years hack e

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
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QUESTION 3
You invest $1.000 in a bank term deposit today (0, but are planning to wimda your money once the balance Te ba
an interest rate of 6.50% per annum. How long will take you atath goaRound your anerto to de pl
CA500 years
OB14.93 years
OCB49 years
OD 11.52 years
OLASS years
hole on
company wound
Transcribed Image Text:O https/eamugedu Remaining Time 1 hour, 28 minutes, 10 seconds. Question Completion Status QUESTION 3 You invest $1.000 in a bank term deposit today (0, but are planning to wimda your money once the balance Te ba an interest rate of 6.50% per annum. How long will take you atath goaRound your anerto to de pl CA500 years OB14.93 years OCB49 years OD 11.52 years OLASS years hole on company wound
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