Sub: Finance Topic: Finance Basics
Compute the value of investment
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a ) I have an investment of $1000 (Ex.) which accumulates 20% per year but on a DAILY basis. That
means that every day the capital is growing by an additional $2.7777 (1000 / 360 = 2.7777). What I
need is to have Excel 2007 calculating every time i open the spreadsheet how much did my
investment grow. On the third day it will tell me $8.3331 and the next day wi