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what interest rate is required
What annual interest rate is required for a debt of $11,385 to grow into $14,383 in 8 years if interest compounds monthly? Round
1 answer
213 views
Determine the annual interest rate r required for an investment with continuous compound interest to yield an effective rate of
0 answers
asked by
math
429 views
Bond value and time--Constant required returns Pecos Manufacturing has just issued a 15-year, 12% coupon interest rate,
1 answer
asked by
Mary
1,928 views
Jingfei bought a house 5 years ago for $350,000. Her down payment on the house was the minimum required 10% at that time she
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asked by
angela
229 views
Im having a little trouble can someone please help me. Im not sure if my answers were right or what the rest would be.
1.
0 answers
asked by
Christian
594 views
Suppose you borrow RM 5000 today and are required to pay interest of RM 200 for a one year period. What is the simple interest
1 answer
asked by
kk
487 views
Find the total amount required to pay off a loan of 16000 plus interest at the end of 8 years if the interest is compounded
1 answer
asked by
Shane
548 views
The rate of interest banks charge on short-term loans to their best customers is the _____.
money multiplier formula prime rate
1 answer
27 views
1)An interest rate is a special type of?
a. loan b. price c. bank d. service 2) How does a compound interest rate differ from a
14 answers
asked by
Leah
2,782 views
Suppose that you want to deposit $8,000 in an RRSP account that pays interest at a fixed rate of 100r% per year compounded
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compound interest
596 views