Question
If $35,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the following ways. (Round your answers to
If $35,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the following ways. (Round your answers to the nearest cent.)
(a) Semiannually
(b)monthly
(c)daily (n=360)
(d) continuously
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Financial Management Principles And Practices
Authors: Sudhindra Bhat
2nd Edition
8174465863, 978-8174465863
