Standard Bank offers to pay your company 12% interest per annum compounded monthly, your company decides to

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Standard Bank offers to pay your company 12% interest per annum compounded monthly, your company decides to invest a lump sum of R2 million for one year. What is the future value of compamy's investment if interest payment are re-invested at 12% ?

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Financial Management Core Concepts

ISBN: 978-0132671033

2nd edition

Authors: Raymond M Brooks

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Posted Date: Apr 28, 2023 03:05 AM

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Standard Bank offers to pay your company 12% interest per annum compounded monthly, your company decides to

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Financial Management Core Concepts

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