Investec Wealth Bank offers the Investec Wealth Premium account, an investment account that requires a minimum investment
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Investec Wealth Bank offers the Investec Wealth Premium account, an investment account that requires a minimum investment of R10 000. The account offers an interest rate of 11% per year, interest compounded at 12 times per year. What is the annual effective interest rate?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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