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zbuild007 zbuild007
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6 months ago
How much more will an investment of $10,000 be worth after 25 years if it earns 5% compounded annually instead of 4% compounded annually? Calculate the difference in dollars and as a percentage (to the nearest 0.01%) of the smaller maturity value.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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pipi123pipi123
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6 months ago
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$7205.19 and 27.03%

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zbuild007 Author
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6 months ago
You make an excellent tutor!
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Thanks
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2 hours ago
Thank you, thank you, thank you!
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