Question
If Technology Needs invests $1,200,000 today at 6% annual interest and the money is compounded semiannually, how much will be in the bank account one
If Technology Needs invests $1,200,000 today at 6% annual interest and the money is compounded semiannually, how much will be in the bank account one year from the date invested?
Select one:
A. $1,273,080
B. $1,397,760
C. $1,296,000
D. $1,272,000
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Merchandising Math A Managerial Approach
Authors: Doris Kincade, Fay Gibson, Ginger Woodard
1st Edition
0130995886, 978-0130995889
