What is the maturity value of a 6-year term deposit of $9785.88 at 6.4% compounded annually? How
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Question:
What is the maturity value of a
6-year
term deposit of
$9785.88
at
6.4%
compounded
annually?
How much interest did the deposit earn?
Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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