3.What is the difference between R2000 invested at 12% per annum compounded interest for one year, interest
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3.What is the difference between R2000 invested at 12% per annum compounded interest for one year, interest is calculated semi-annually and interest is calculated monthly?
4. The present value of expected future net cash inflows of an investment is expected to total R660000. If the initial investment is R600000, what is the the profitability index ?
Related Book For
Money Banking and Financial Markets
ISBN: 978-0078021749
4th edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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