For an investment of 10x 106 $ with an annual interest rate of 140% for five...
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For an investment of 10x 106 $ with an annual interest rate of 140% for five years, 1-) Annual Case: Assuming compound interest, what will be the amount of money repaid at the end of five years? 2-) Case Quarterly: What will be the future value of the money invested when equal payments are estimated at the end of each quarter? For an investment of 10x 106 $ with an annual interest rate of 140% for five years, 1-) Annual Case: Assuming compound interest, what will be the amount of money repaid at the end of five years? 2-) Case Quarterly: What will be the future value of the money invested when equal payments are estimated at the end of each quarter?
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