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stranahan stranahan
wrote...
Posts: 3324
7 years ago
Suppose you invest $1,000 today, compounded quarterly, with the annual interest rate of 5.00%. What is your investment worth in one year?
A) $1,500.95
B) $1,025.27
C) $1,050.95
D) $1,025.00
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
Read 349 times
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Answer verified by a subject expert
Awful_HomieAwful_Homie
wrote...
Posts: 231
7 years ago
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stranahan Author
wrote...
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
wrote...
3 years ago
ok
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