What will a 100 investment be worth in three years time if the rate of interest is

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What will a £100 investment be worth in three years’ time if the rate of interest is 8 percent, using:

(a) simple interest?

(b) annual compound interest?

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Modern Financial Markets And Institutions

ISBN: 9780273730354

1st Edition

Authors: Glen Arnold

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Question Posted: May 16, 2024 04:00 AM

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What will a 100 investment be worth in three years time if the rate of interest is

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Modern Financial Markets And Institutions

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