You choose to invest 400 in a project that pays a return of, Ask an Expert

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You choose to invest $400 in a project that pays a return of 12 percent per year. This project has a 7 year time horizon and interest is compounded quaterly. Calculate how much you will earn in simple interest.

(Hint: this excludes the amount you earn from interest compounding as well as the value of your original investment)

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Financial Management, Finance

Category:- Financial Management
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