For 10 years with total payments of $ 10000 per year, calculate the total amount accumulated after 10 years if payments are continuous and compare the results. Annual interest is 20 percent. (1 year = 365 days will be taken
For 10 years with total payments of $ 10000 per year, calculate the total amount accumulated after 10 years if payments are continuous and compare the results. Annual interest is 20 percent. (1 year = 365 days will be taken
Chapter1: Understanding Personal Finance
Section1.4: Perform Time Value Of Money Calculations
Problem 3CC
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For 10 years with total payments of $ 10000 per year, calculate the total amount accumulated after 10 years if payments are continuous and compare the results. Annual interest is 20 percent. (1 year = 365 days will be taken)
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