Simple Interest (FV) How much will I have in my bank account at the end of five
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Simple Interest (FV) How much will I have in my bank account at the end of five years if I have $435 invested at a simple interest rate of 7%?
Example B. Simple Interest (PV) How much do I need to invest now, at a simple interest rate of 5% per annum, in order to repay a debt of $2000 in two years time?
Example C. Compound Interest (FV) Calculate the value in three years of $1000 deposited in an account that pays 8% interest pa.
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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