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Science-Related Homework Help Mathematics Topic started by: gewusel on Nov 27, 2017



Title: RBC offers three-year term deposits at 3.125% compounded annually while Meridian credit union offers ...
Post by: gewusel on Nov 27, 2017
RBC offers three-year term deposits at 3.125% compounded annually while Meridian credit union offers such deposits at 3.05% compounded quarterly. If you invest $23 000 at RBC and the same amount at Meridian, what is the maturity value of your deposit at each bank?


Title: Re: RBC offers three-year term deposits at 3.125% compounded annually while Meridian credit union ...
Post by: josan on Nov 27, 2017
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