Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Assume that your hotel invested $15,000 today in an investment account that pays 2% annual interest, compounding semi-annually.
If your hotel keeps its money for 10 years in this account, how much will your hotel have at the end of the 10th year ($)?
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