What if Grandma gave Dad another choice 20 years ago? She asked Dad if she should make
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What if Grandma gave Dad another choice 20 years ago? She asked Dad if she should make a one-time deposit of $10,000 into an account that compounded interest annually or if she should deposit $100 a month for 20 years into an account with monthly compounding. What would be the total in this scenario using the same 12% rate?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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