Wangshu puts $60000 in a savings account paying interest rate j (2) = 10%.He withdraws the money
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Question:
Wangshu puts $60000 in a savings account paying interest rate j(2)= 10%.He withdraws the money after 52 months. How much money is in his account using
a) the "Greedy Bank" method
b) the "Practical" method
c) the "Theoretical" method
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