Another bank offers 1% increase in interest rate to savings accounts with a balance of more than

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Another bank offers 1% increase in interest rate to savings accounts with a balance of more than 10,000.00. Write a future value function Bank1FV(CF, r) that reflects this policy. The function should be useable as a worksheet function. CF could be either a row range or a column range.

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Financial Modeling

ISBN: 9780262027281

4th Edition

Authors: Simon Benninga

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