Suppose on January 1 you deposit $100 in an account that pays a nominal, or quoted, interest
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The daily periodic interest rate is IPER 113346365 0031054 There are 273 days between January 1 and October 1 Calculate FV as follows Using a financia...View the full answer
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Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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