Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Your Cd pays a return of 5.95 & Apr Compounded daily.
a) Find the Periodic Interest.
b) Find the future value of the CD for an initial investment of 21,250 dollars for a term of 32 months.
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