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tetleyelmo tetleyelmo
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7 years ago
If interest rates are 5%, which of the following will produce the largest amount of money in four years?
A) $500 earning simple interest   
B) $400 with interest compounded annually   
C) $300 with interest compounded semiannually   
D) $100 with interest compounded quarterly   
E) $25 with interest compounded monthly
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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Posts: 499
7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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tetleyelmo Author
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This site is awesome
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Thanks for your help!!
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Smart ... Thanks!
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