Mathematics, 06.03.2021 01:00 mistermansour07
Under certain conditions, Swiss banks pay negative interest they charge you. (You didn't think all that secrecy was free) Suppose a bank "pays" - 3.9% interest compounded annually. Find the compound amount for a deposit of $250,000 after
4 years
The compound amount after 4 years is $(???)
(Do not round until the final answer. Then round to the nearest cent as needed.)
Answers: 3
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Under certain conditions, Swiss banks pay negative interest they charge you. (You didn't think all t...
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