Question
(15 pts.) Suppose you invest $5000 in a savings account that pays an APR of 5%. Suppose the interest is compounded quarterly. Answer the following
(15 pts.) Suppose you invest $5000 in a savings account that pays an APR of 5%. Suppose the interest is compounded quarterly. Answer the following in the green cells. what is the balance in the account after 7 years?
future Value of the account in 7 years: ?
Interest Earned in 7 years: ?
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Stocks And Forex Trading How To Win
Authors: Daryl Guppy ,karen Wong
1st Edition
9811237646, 978-9811237645
