Question
Jane has a 90-day bank Certificate of Deposit that pays 8% compounded quarterly. She is starting with $2,000 and adding $100 at the beginning of
Jane has a 90-day bank Certificate of Deposit that pays 8% compounded quarterly. She is starting with $2,000 and adding $100 at the beginning of each quarter, starting now. How much will Jane have in her account in five years?
| $5,241,20 | ||
| $5,450.23 | ||
| $5,671.02 | ||
| $5,401.63 |
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Enterprise Applications And Services In The Finance Industry
Authors: Artur Lugmayr
1st Edition
331928150X,3319281518
