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Suppose that on January 1 you deposit $100 in an account that-(Answered)

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Suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest?rate of 11.33463%, with interest added (compounded) daily. How much will you have in your account?on October 1, or 9 months later?

 

Paper#9209227 | Written in 27-Jul-2016

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