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Submit Answer DETAILS The following investment requires table factors for periods beyond the table. Using Table 11-1, create the new table factor, r rounded to the nearest cent.) Time Principal Period (years) $18,000 BRECMBC9 11.1.020. 29 Nominal Rate (%) 8 Interest Compounded annually New Table Factor $ Compound Amount

Submit Answer DETAILS The following investment requires table factors for periods beyond the table. Using Table 11-1, create the new table factor, r rounded to the nearest cent.) Time Principal Period (years) $18,000 BRECMBC9 11.1.020. 29 Nominal Rate (%) 8 Interest Compounded annually New Table Factor $ Compound Amount

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
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Submit Answer The following investment requires table factors for periods beyond the table. Using Table 11-1, create the new table factor, rour rounded to the nearest cent.) Principal DETAILS BRECMBC9 11.1.020. $18,000 Time Period (years) 29 Nominal Rate (%) 8 Interest Compounded annually New Table Factor Compound Amount
Transcribed Image Text:Submit Answer The following investment requires table factors for periods beyond the table. Using Table 11-1, create the new table factor, rour rounded to the nearest cent.) Principal DETAILS BRECMBC9 11.1.020. $18,000 Time Period (years) 29 Nominal Rate (%) 8 Interest Compounded annually New Table Factor Compound Amount
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