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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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Posts: 3324
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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:
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Awful_HomieAwful_Homie
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#1
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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#3
3 years ago
ok
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