Question
Deposits of $650 are made semiannually in an account earning 10.25% compounded semiannually. The first deposit is made on January 1, 2018 and the last
Deposits of $650 are made semiannually in an account earning 10.25% compounded semiannually. The first deposit is made on January 1, 2018 and the last deposit is made on July 1, 2025. If the money is then left in the account to accumulate interest, how much is in the account on January 1, 2030?
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
