Question
Brian plans to make 13 monthly deposits of $1,100 starting today. He earns interest at 5.4% p.a. compounded monthly. Assume he would not make any
Brian plans to make 13 monthly deposits of $1,100 starting today. He earns interest at 5.4% p.a. compounded monthly. Assume he would not make any withdrawals. Calculate the amount in his bank account 2 years from today.
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International Finance Transactions Policy And Regulation
Authors: Hal S. Scott
15th Edition
159941547X, 978-1599415475
