FUND.OF CORP.FINANCE PKG. F/BU >C<
FUND.OF CORP.FINANCE PKG. F/BU >C<
16th Edition
ISBN: 9781323165997
Author: Berk
Publisher: PEARSON C
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Chapter 3, Problem 9P

You have $100 and a bank is offering 5% interest on deposits. If you deposit the money in the bank, how much will you have in one year?

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FUND.OF CORP.FINANCE PKG. F/BU >C<

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