Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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- Seven years ago, you deposited $1000 into an account earning r = 10% APR compounded annually. How much should be in your account today?arrow_forwardHow many years will it take for your money to tripple if you deposit $800 in a bank account that pays 14% a year, compounded semi-annually?arrow_forwardyou want to have $15,000 at the end of 5 years. if you can earn a return of 3.2% annually, how much do you need to put into the account now? $12,814.24 12,600 2,906.98 14,520arrow_forward
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