1. Find the compound amount and interest if: a. P 45 000 is invested at 5% compounded quarterly for 4 years Answer: Answer:

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
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1. Find the compound amount and interest if:
a. P 45 000 is invested at 5% compounded quarterly for 4 years
Answer:
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Transcribed Image Text:1. Find the compound amount and interest if: a. P 45 000 is invested at 5% compounded quarterly for 4 years Answer: Answer:
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