1. Determine the type of interestbearing account you wish to invest in: a savings account, bond or treasury bill. Each of these investments accrue interest and allot money to the
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The answer will depend on the interest rate. Multiply the annual interest rate (in percentage terms) by 10000/365.
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$1,000,000 weight depends on the denomination of the bills. There are 454 bills in a pound. If it was $100 bills it would weigh about 220 pounds. If it was $20s, it would weight over
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Assuming you have a 4% interest rate, compounded monthly, you
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