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Showing posts with label compounded monthly. Show all posts
Showing posts with label compounded monthly. Show all posts
Sunday, July 4, 2021

What is the present value of $1,000 to be received 10 years from today? Assume that the investment pays 8.5%

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What is the present value of $1,000 to be received 10 years from today? Assume that the investment pays 8.5% and it is compounded monthly (r...

If you put $700 in a savings account with a 10% nominal rate of interest compounded monthly, what will the investment

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If you put $700 in a savings account with a 10% nominal rate of interest compounded monthly, what will the investment be worth in 21 months ...
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