Question
$1,300 is deposited today into an account paying 5% interest compounded semiannually. How much interest will have been earned after 20 years? Question 6 options:
$1,300 is deposited today into an account paying 5% interest compounded semiannually. How much interest will have been earned after 20 years?
Question 6 options:
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| A) | $4,060.69 |
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| B) | $ 9,151.99 |
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| C) | $20,904.19 |
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| D) | $3,950.24 |
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| E) | $ 3,449.29 |
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Advanced Bond Portfolio Management
Authors: Frank J. Fabozzi, Lionel Martellini, Philippe Priaulet
1st Edition
0471678902, 9780471678908
