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Science-Related Homework Help Mathematics Topic started by: jwalker824 on Jun 4, 2023



Title: Your company has extra free cash flow ($200,000) and is looking to invest for a one-year term. You ...
Post by: jwalker824 on Jun 4, 2023
Your company has extra free cash flow ($200,000) and is looking to invest for a one-year term. You have obtained two quotes, Quote A from the bank is 2.5% compounded semiannually, Quote B is from a credit union and will provide a rate of return of 2.4% compounded monthly. How much extra can you earn in interest if you choose the right quote?

▸ $168.10

▸ $178.10

▸ $187.10

▸ $148.10

▸ $198.10


Title: Re: Your company has extra free cash flow ($200,000) and is looking to invest for a one-year term. You ...
Post by: marlboroman on Jun 4, 2023
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