Time Value of Money - Leeds School of Business
This is what amortization schedules are designed to do. Most financial calculators have amortization functions built in. k. Suppose on January 1 you deposit $100 in an account that pays a nominal, or quoted, interest rate of 11.33463 percent, with interest added (compounded) daily. How much will you have in your account on October 1, or after 9 ... ................
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