Question
If you wish to accumulate $205,000 in 6 years, how much must you deposit today in an account that pays a quoted annual interest rate
If you wish to accumulate $205,000 in 6 years, how much must you deposit today in an account that pays a quoted annual interest rate of 15% with monthly compounding of interest?
Question 13 options:
|
| $76,353.67 |
|
| $88,627.16 |
|
| $117,874.12 |
|
| $83,813.03 |
|
| $147,121.08 |
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Bitcoin Complete Guide To Bitcoin Understand Everything From Getting Started With Bitcoin Sending And Receiving Bitcoin To Mining Bitcoin
Authors: Mr Mark Gates
1st Edition
1974565491, 978-1974565498
