Zhang invested $221 for 18 months in a bank and received a maturity amount of $248.75. If
Fantastic news! We've Found the answer you've been seeking!
Question:
Zhang invested $221 for 18 months in a bank and received a maturity amount of $248.75. If he had invested the amount in a fund earning 3.70% p.a. more, how much would he have had received at maturity?
Related Book For
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor
Posted Date: