Suppose that on january 1 you deposit 100 in an account


Suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463% with the interest added (compounded) daily. how much will you have in your account on October 1, or 9 months later?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Suppose that on january 1 you deposit 100 in an account
Reference No:- TGS01178686

Expected delivery within 24 Hours