Baumols model;OT notes Example 2 pg34.- Interest earned on Current account

This topic has 0 replies, 1 voice, and was last updated 14 years ago by accabahaliyake.

Viewing 1 post (of 1 total)

Author

Posts
November 21, 2011 at 1:58 pm #50605
accabahaliyake
Member
- Topics: 1
- Replies: 3
I was trying to work out the interest earned.Answer given is worked out as 150000/2 * 5 %.Question is why are we dividing by 2????THANKS
Author

Posts

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.