Mr. x invests a lump sum of r150 000 at a nominal rate of 8% per annum

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Mr. x invests a lump sum of r150 000 at a nominal rate of 8% per annum compounded monthly after six years the value of his investment will be ______.

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Posted Date: Mar 09, 2022 02:20 AM

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Mr. x invests a lump sum of r150 000 at a nominal rate of 8% per annum

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Calculation of Value of investment after 6 years with monthly compound intere... View the full answer

Macroeconomics

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