Mathematics, 07.03.2020 01:31 Victoriag2626
First Simple Bank pays 9.1 percent simple interest on its investment accounts. First Complex Bank pays interest on its accounts compounded annually. What rate should First Complex Bank set if it wants to match First Simple Bank over an investment horizon of 11 years
Answers: 3
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First Simple Bank pays 9.1 percent simple interest on its investment accounts. First Complex Bank pa...
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