ms castro plans to invest 100,000 at 12 1/2% simple interest for three years. At what rate compounded semi-annually could she just as well invest for the same period of time?
ms castro plans to invest 100,000 at 12 1/2% simple interest for three years. At what rate compounded semi-annually could she just as well invest for the same period of time?
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 6PROB
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ms castro plans to invest 100,000 at 12 1/2% simple interest for three years. At what rate compounded semi-annually could she just as well invest for the same period of time?
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