When depositing S / .5950 on March 20, an interest rate of 5.85% is offered annually. If

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When depositing S / .5950 on March 20, an interest rate of 5.85% is offered annually. If the savings are withdrawn on September 20 of the same year, calculate the respective interest.

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Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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Posted Date: Oct 17, 2020 01:34 AM

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When depositing S / .5950 on March 20, an interest rate of 5.85% is offered annually. If

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ANS WER The interest earned on the account would be S 5... View the full answer

Principles of Corporate Finance

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