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Title: Rich, an individual investor, lives in a land of no taxation and earns $10,000 of salary. He invests ... Post by: Augustus1 on Jan 11, 2017 Rich, an individual investor, lives in a land of no taxation and earns $10,000 of salary. He invests this amount in a bond that pays interest of 4% per year and holds the bond for 5 years, reinvesting the interest annually at the same 4% return. At the end of 5 years the $10,000 original investment accumulates to
A) $10,400. B) $12,625. C) $12,763. D) $12,167. Title: Re: Rich, an individual investor, lives in a land of no taxation and earns $10,000 of salary. He ... Post by: Yoko900 on Jan 11, 2017 Content hidden
Title: Re: Rich, an individual investor, lives in a land of no taxation and earns $10,000 of salary. He invests ... Post by: Augustus1 on Mar 19, 2017 Your explanation helped, amazing amazing!
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