Question
Find the compound amount for the deposit and the amount of interest earned. $740 at 4.2% compounded semiannually for 15 years The compound amount (future
Find the compound amount for the deposit and the amount of interest earned. $740 at 4.2% compounded semiannually for 15 years
The compound amount (future value) can be calculated using the compound interest formula: A = P (1+1) nt
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Step: 1
To find the compound amount and the amount of interest earned we will use the compound interest form...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
