Which would you rather receive: the proceeds from a 2-year investment paying 5 percent simple interest per

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Which would you rather receive: the proceeds from a 2-year investment paying 5 percent simple interest per year or from one paying 5 percent compound interest? Why?

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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