Question
Deposits of $675 are made semiannually in an account earning 8% compounded semiannually. The first deposit is made on January 1, 2016 and the last
Deposits of $675 are made semiannually in an account earning 8% compounded semiannually. The first deposit is made on January 1, 2016 and the last deposit is made on July 1, 2023. If the money is then left in the account to accumulate interest, how much is in the account on January 1, 2028?
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
