Compare simple and compound interest (compounded annually) on a principal of $20,000 at an annual rate of
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Compare simple and compound interest (compounded annually) on a principal of $20,000 at an annual rate of 5%. Find the number of years it takes for the the difference of the total to reach more than $1000. (I need this in an ecel spreadsheet)
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
Posted Date: