You place 1,000 in a 4-year investment which makes no interest payments but yields 5.4% per annum
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You place 1,000 in a 4-year investment which makes no interest payments but yields 5.4% per annum compound. How much do you expect to receive at the end of 4 years?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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