Week_3_Conference_3-16 - assumptions) a. compounding is...

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3-16  You invest $10,000 in a fund that pays 7 percent per year for 5 years. How much is  in the fund at the end of 5 years if (forgetting leap years and making “convenient” 
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Unformatted text preview: assumptions) a. compounding is annual? b. compounding is quarterly? c. compounding is monthly? d. compounding is daily?...
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