You are a rising star in the music industry and you
have just received word that you will be rewarded with a
$500,000 bonus this year.
A friend you knew in college, however, wants you to
invest your bonus in his restaurant business, and has
promised 12.6 % interest, compounded quarterly.

Question

02-02-2021
Mathematics

Answered

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You are a rising star in the music industry and you
have just received word that you will be rewarded with a
$500,000 bonus this year.
A friend you knew in college, however, wants you to
invest your bonus in his restaurant business, and has
promised 12.6 % interest, compounded quarterly.

Sagot :

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