You invest $ 1 , 1 0 0 at a 1 2 % annual interest rate, stated
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You invest $ at a annual interest rate, stated as an APR. Interest is compounded monthly. How much will you have in years? In years? Do not round intermediate calculations. Round your answers to decimal places.
Related Book For
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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