Question
Jordon places the amount of $ 725 in a bank savings account today that offers an annual interest rate of 4 % compounded 52 times
Jordon places the amount of $725 in a bank savings account today that offers an annual interest rate of 4% compounded 52 times per year. How much will Jordon have in his account 9 years from today?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
14th edition
007745443X, 978-0073530727, 73530727, 978-0077454432
