ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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How much will I have 8 years from now, if I will invest P10,929 at the end of each three months for the next three years? My money has a rate of return of 7.5% compounded semi-annually.
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- Barbara borrowed a certain amount of money and repaid the loan with ten payments. The first five of her payments were P5631 per year with an interest rate of 8% per year compounded continuously, and the next five years had payments of P12318 per year with 12% compounded continuously. How much did she borrow?arrow_forwardWhat nominal rate per 6-months is equivalent to an effective rate of 11% per year, compounded continuously? The nominal rate per 6-months that is equivalent to an effective rate of 11% per year, compounded continuously is 5.65 %.arrow_forward
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