It is known that $324 invested in compound interest for 2 years will earn $117 interest. Find

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It is known that $324 invested in compound interest for 2 years will earn $117 interest. Find the accumulated value of $102036672 invested at the same rate of compound interest for 6 years. Answer = $

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Posted Date: Nov 22, 2023 02:34 AM

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It is known that $324 invested in compound interest for 2 years will earn $117 interest. Find

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After 2 years the investment has increased to 324 117 441 So t... View the full answer

Introduction To Corporate Finance

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