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

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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
Dlanlk 1
Transcribed Image Text: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 Dlanlk 1
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