Using Table 12.2, calculate what $700 would grow to at per year compounded daily for 7 years.
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Using Table 12.2, calculate what $700 would grow to at per year compounded daily for 7 years.
TABLE 12.2 Interest on a $1 deposit compounded daily—360-day basis
Related Book For
Contemporary Financial Management
ISBN: 978-1285198842
13th edition
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
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