Without any calculation, describe in words what the
Chapter , Problem 4.4.22(choose chapter or problem)
Without any calculation, describe in words what the following formulas tell you about the value of the investments they describe. The units are dollars and years. (a) = 1500(1.077) (b) = 9500(0.945) (c) = 1000 35 (d) = 500 ( 1 + 0.04 12 )12
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