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1. an investment of 1265 pays interest at 11% but payable semi-annually. what is the amount after 3 years? 2. an investment of 1317
1. an investment of 1265 pays interest at 11% but payable semi-annually. what is the amount after 3 years? 2. an investment of 1317 pays interest at 10% but payable quarterly what is the amount after 6 years? 3. if the NAR is 3.6% what is the AER? 4. Starting immediately, you intend to put 744 each year for 7 years into an investment that gives a return of 8% pa. What will be the total amount at the end of 7 years?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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