Discuss about the personal finance
Discussion:
Brief and Guidance
As we wrap up this look at Personal Finance, share with the class the one thing that has made the strongest impression on you, and that you will either start to use or use more effectively in the future.
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How much simple interest is earned over the life of the investment?How much compound interest is earned over the life of the investment?
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As we wrap up this look at Personal Finance, share with the class the one thing that has made the strongest impression on you
If you require a nominal annual rate of return of 12 percent, with quarterly compounding, how much should you be willing to pay for this bond?
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Determine the capacity of this channel, assuming no state information is available to the transmitter or the receiver.
You need $28,974 at the end of 10 years and your only investment option is an 8% long-term certificate of deposit (compounded annually).
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