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How much would you have from investing $400000 at a 11.0% after 6 years and 4 months with: A) Monthly compounding? The future value of
How much would you have from investing $400000 at a 11.0% after 6 years and 4 months with: A) Monthly compounding? The future value of $400000 in 6 years and 4 months at an interest rate of 11.0% compounded monthly is $ (Round to the nearest cent.) B) Annual compounding? The future value of $400000 in 6 years and 4 months at an interest rate of 11.0% compounded annually is $ (Round to the nearest cent.)
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