- 1 You Deposit 100 Now And Another 100 At The End Of 20 Years The Account Earns A Nominal Discount Rate Of 4 Compou 1 (14.85 KiB) Viewed 37 times
1) You deposit $100 now, and another $100 at the end of 20 years. The account earns a nominal discount rate of 4% compou
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
1) You deposit $100 now, and another $100 at the end of 20 years. The account earns a nominal discount rate of 4% compou
1) You deposit $100 now, and another $100 at the end of 20 years. The account earns a nominal discount rate of 4% compounded monthly for the first 20 years, and a nominal discount rate of d(52) compounded weekly thereafter. If the account has $700 at the end of 40 years then find this nominal discount rate compounded weekly.