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Lada Lada
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6 years ago
What sum of money invested at 8% p.a., compounded quarterly, will grow to $10 000.00 in 12.5 years?
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Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
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6 years ago
FV = 10000.00; i = 2%; n = 50
PV = 10000.00(1.02)-50 = 10000.00(.3715278821) = 3715.28
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