What is the accumulated value after 12 years of monthly deposits of $145 earning interest at 5%

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What is the accumulated value after 12 years of monthly deposits of $145 earning interest at 5% compounded semi-annually if the deposits are made at the end of each month?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Sep 21, 2024 05:20 AM

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What is the accumulated value after 12 years of monthly deposits of $145 earning interest at 5% compounded semi-annually if the deposits are made at the end of each month?
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What is the accumulated value after 12 years of monthly deposits of $145 earning interest at 5%

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PMT 14500 i 25 n 144 c 2...View the full answer

Contemporary Business Mathematics with Canadian Applications

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