Mario Piazza was offered $900 now for one of his salon photo graphs or $1,100 in one

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Mario Piazza was offered $900 now for one of his salon photo graphs or $1,100 in one year for the same photograph. Which would give Mr. Piazza grater yield if he could invest the $900 for one year at 4% compounded quarterly?
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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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