Business
Business, 17.10.2019 18:20, mimas76

Investment a for $100,000 is invested at a nominal rate of interest, j, convertible semiannually. after 4 years, it accumulates to 214,358.88. (b) investment b for $100,000 is invested at a nominal rate of discount, k, convertible quarterly. after two years, it accumulates to 232,305.73. 2 (c) investment c for $100,000 is invested at an annual effective rate of interest equal to j in year one and an annual effective rate of discount equal to k in year two. calculate the value of investment c at the end of two years.

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Investment a for $100,000 is invested at a nominal rate of interest, j, convertible semiannually. af...

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