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On September 1, 2010, you decided to put $ 10000 in a money market fund. On March 1, 2015, you deposit another $ 12000
On September 1, 2010, you decided to put $ 10000 in a money market fund. On March 1, 2015, you deposit another $ 12000 and on January 1, 2018, you added another $ 14000. This fund pays interest at the annual rate of 7.2%, compounded monthly. Find the future value of the fund on January 1, 2018, just after the third deposit. O a. $ 48372.59 O b. $ 45635.26 O c.$ 48877.29 O d. $ 49257.40 O e. 5 49346.46
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Quantitative Methods For Business
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
11th Edition
978-0324651812, 324651813, 978-0324651751
