Question
For the last four years Joe has made deposits of $400 at the end of every six months earning interest at 5% compounded semi-annmually. If
For the last four years Joe has made deposits of $400 at the end of every six months earning interest at 5% compounded semi-annmually. If he leaves the acumulated balance in an account eaming 7% compounded quarterly, what will the balance be in Joe's account at the end of another ten year?
Round the final answer to the nearest cant as needed. Round inmediate values to six decimal places as needed)
Dan has contributed $2.730.00 every month for the last 15 years into an RRSP fund. The interest earned by the deposits was 4% compounded monthly for the first 3 years and 5% compounded monthly for the last 12 years How much money is currently in the RRSP
Round the final answer to the nearest cant as needed. Round inmediate values to four decimal places as needed)
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For the last four years Joe has made deposits of $400 at the end of every six months earning interest at 5. compounded semi-annually. If he leaves the accumulated balance in an account earning 7. compounded quarterly, what will the balance be in Joe's account at the end of another ten years? The balance in the account will be $ (Hound the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Diane has contributed $2.730.00 every month for the last 15 years into an RASP tund The interest earned by these deposits was 4 compounded monthly for the first 3 years and 5 compounded monthly for the last 12 years. How much money is currently in the RRSP? The balance is $0 (Round the final answer to the nearest cent as needed. Round intermediate values to four decimal places as needed.)Step by Step Solution
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