You have $15,000 in the bank comfortably earning 48 interest compounded monthly Your cousin needs $15,000 to buy a new car In order to get the same total return, what interest rater should you request from her if the money you lend her is to be compounded continuously Or e12in(1 04) Or 12in(1 04) ...

Answer The correct answer is as follows The formula for the amount A in a S ...

You have $15,000 in the bank comfortably earning 48% interest compounded monthly. Your cousin needs $15,000...

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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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Posted Date: May 20, 2022 11:53 PM

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You have $15,000 in the bank comfortably earning 48% interest compounded monthly. Your cousin needs $15,000...

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Bank Management

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