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gewusel gewusel
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6 years ago
RBC offers three-year term deposits at 3.125% compounded annually while Meridian credit union offers such deposits at 3.05% compounded quarterly. If you invest $23 000 at RBC and the same amount at Meridian, what is the maturity value of your deposit at each bank?
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Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
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josanjosan
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6 years ago
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gewusel Author
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6 years ago
Good timing, thanks!
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Brilliant
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2 hours ago
Thanks for your help!!
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