Question
At the time of her grandsons birth, a grandmother deposits $2000 in an account that pays 4% compounded monthly. What will be the value of
At the time of her grandsons birth, a grandmother deposits $2000 in an account that pays 4% compounded monthly. What will be the value of the account on the child's 21st birthday, assuming that no other deposits or withdrawals are made during this period?
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
2nd Edition
1567931650, 978-1567931655
