Select the best alternative among the following five alternatives. Assume the investment is for a period of

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Select the best alternative among the following five alternatives. Assume the investment is for a period of 4 years and P = $10,000.

(a) 11.98% interest rate compounded continuously

(b) 12.00% interest rate compounded daily

(d) 12.02% interest rate compounded quarterly

(e) 12.03% interest rate compounded yearly

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Engineering Economics

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Mar 01, 2010 04:45 AM

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Select the best alternative among the following five alternatives. Assume the investment is for a period of

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a 1198 compounded continuously F 10000 e 011984 1614782 b 12 compounded daily F 10000 1 0123...View the full answer

Engineering Economics

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