What will a deposit of RM7,500 left in the bank be worth under the following conditions: a)

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What will a deposit of RM7,500 left in the bank be worth under the following conditions:

a) Left for nine years at 7% simple interest?

b) Left for six years at 6% compounded semiannually?

c) Left for five years at 8% compounded quarterly?

d) Left for seven years at 12% compounded monthly?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Posted Date: Mar 08, 2024 04:25 AM

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What will a deposit of RM7,500 left in the bank be worth under the following conditions: a)

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Lets calculate the future values for each scenario a Simple Interest textFuture Value P1 rt ... View the full answer

Practical financial management

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