Question
Briac Steel sets aside $5400.00 at the beginning of every six months in a fund to replace equipment. If interest is 11% compounded quarterly, how
Briac Steel sets aside $5400.00 at the beginning of every six months in a fund to replace equipment. If interest is 11% compounded quarterly, how much will be in the fund after 4 years?
The fund will be worth $__ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Auditing Information Systems
Authors: Jack J. Champlain
2nd Edition
0471281174, 978-0471281177
