Question
HW 2C Question 2 This set of problems is designed to be calculated using the Excel or financial calculator . You can also use algebraic
HW 2C
Question 2
This set of problems is designed to be calculated using the Excel or financial calculator. You can also use algebraic formulas. Do not use financial tables to calculate these problems.
To what amount will the following investment accumulate?
$35,119, invested today for 31 years at 16.04 percent, compounded monthly.
Round the answer to two decimal places.
Your Answer:
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
