Читать книгу Fundamentals of Financial Instruments - Sunil K. Parameswaran - Страница 80

EXAMPLE 2.6

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Jesus was born approximately 2,000 years ago. Assume that an investment of $1 was made in that year in a bank that has been paying 1% interest per annum since then, compounded annually. What will be the accumulated balance in the year 2000?


Fundamentals of Financial Instruments

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