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1. Calculate the accumulated amount in each investment after 40 years. a. $150 invested on the first day of each month at 6% compounded monthly.
1. Calculate the accumulated amount in each investment after 40 years. a. \$150 invested on the first day of each month at 6% compounded monthly. N= %= PV= PMT= FV= P/Y= C/Y= PMT: END BEGIN b. $900 invested on January 1st and on July 1st at 4% compounded semi-annually. N= %= PV= PMT= FV= P/Y= C/Y= PMT:END BEGIN
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