Sam deposits 95,000 pesos every year end in an investment which pays a nominal annual rate of 7.65% compounded continuously. Find the difference between his accumulated investment and his total actual deposit by the end of 13 years. ANSWER: Blank 1
Sam deposits 95,000 pesos every year end in an investment which pays a nominal annual rate of 7.65% compounded continuously. Find the difference between his accumulated investment and his total actual deposit by the end of 13 years. ANSWER: Blank 1
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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