Question
Keisha has $4,500 now and plans on investing it in a fund that will pay her 12% interest compounded quarterly. How much will Keisha have
Keisha has $4,500 now and plans on investing it in a fund that will pay her 12% interest compounded quarterly. How much will Keisha have accumulated after 2 years?
Multiple Choice
$5,040.00
$5,700.60
$4,500.00
$5,644.80
$5,580.00
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Auditing and Assurance Services An Applied Approach
Authors: Iris Stuart
1st edition
73404004, 978-0073404004
