Question
Omar is making monthly contributions of of $420 to his savings account which pays interest at the APR of 6%, compounded monthly. Right after Omar
Omar is making monthly contributions of of $420 to his savings account which pays interest at the APR of 6%, compounded monthly. Right after Omar makes his 39th contribution, the bank changes the APR to 7.8% and Omar makes 34 more $420 contributions. What is Omar's balance right after his last contribution?
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Fundamentals Of Futures And Options Markets
Authors: John Hull
9th Edition
0134083245, 9780134083247
