Question
Newman Spear invested $18,300 today in a fund that earns 12% compounded annually. Click here to view factor tables To what amount will the investment
Newman Spear invested $18,300 today in a fund that earns 12% compounded annually. Click here to view factor tables To what amount will the investment grow in 4 years? To what amount would the investment grow in 4 years if the fund earns 12% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) Investment at 12% annual interest $enter a dollar amount rounded to 0 decimal places Investment at 12% annual interest, compounded semiannually $enter a dollar amount rounded to 0 decimal places
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