Question
If you deposit $6,000 today into your bank account, what would the account balance be in 20 years if the account carries an interest
If you deposit $6,000 today into your bank account, what would the account balance be in 20 years if the account carries an interest rate of 4%? If interest is compounded monthly, how much will you have in a bank account if you deposit today $15,000 at the end of 7 months? The bank pays annual rate of 6%.
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
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