Question
Answer the two following questions: 1.) Anna invests $12,000 in a company that pays dividends semiannually. After 18 months, her investment is worth $15,972. What
Answer the two following questions:
1.) Anna invests $12,000 in a company that pays dividends semiannually. After 18 months, her investment is worth $15,972. What rate does the dividend have?
2.) Van invests $1,000 at 2.1% interest compounded monthly. If she withdraws the money 3 years later, how much does she receive?
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Personal Finance Turning Money Into Wealth
Authors: Arthur J. Keown
6th Edition
0132719169, 978-0132719162
