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Suppose you invested AED 462658 in your bank account. The bank promises to pay you a regular annual amount for 8 years,
Posted: Wed Jul 06, 2022 6:28 pm
by answerhappygod
- Suppose You Invested Aed 462658 In Your Bank Account The Bank Promises To Pay You A Regular Annual Amount For 8 Years 1 (26.89 KiB) Viewed 21 times
Suppose you invested AED 462658 in your bank account. The bank promises to pay you a regular annual amount for 8 years, starting one year from today, and the account's balance will be 0 at the end of the eight year. If your bank promises to give you a 10% rate of return, how much will the bank have to pay you each year? ANSWER FORMAT: 1234.567 Answer: