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    Exam 5: Introduction to Valuation: the Time Value of Money
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    If $10,000 Was Invested at 4% Over Ten Years, Determine
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If $10,000 Was Invested at 4% Over Ten Years, Determine

Question 213

Question 213

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If $10,000 was invested at 4% over ten years, determine the difference if this investment was based on simple interest versus interest that was compounded annually.

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