Question
An investor contributes $1000 to a fund immediately and another $2000 in two years. What is the accumulated value of the fund five years from
An investor contributes $1000 to a fund immediately and another $2000 in two years. What is the accumulated value of the fund five years from now if the fund earns 6% compounded semi-annually?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
2nd Edition
0073530638, 9780073530635
