Question
How would you solve for the following question using the BA II Plus Texas Insturment. Suppose that you deposit $375,000 into an account earning an
How would you solve for the following question using the BA II Plus Texas Insturment.
Suppose that you deposit $375,000 into an account earning an annual rate of interest of 6.79%. How much extra interest will you earn over 5 years if the interest is compounded monthly rather than annually?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
