Lecture Notes on Time Value of Money
c. if you deposit today ¥80,000 at the end of 12 months, if the bank pays 8.0% APR ? Answer: ¥86,640 . d. if you deposit today £5,000 at the end of 24 months, if the bank pays 5.0% APR ? Answer: £5,525 6. You borrowed $1,584 and must repay $2,000 in exactly 4 years from today… ................
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