Question
On your 17th birthday, you received $25,200 from an educational fund established by your grandparents when you were born. If the investment earned 6% per
On your 17th birthday, you received $25,200 from an educational fund established by your grandparents when you were born. If the investment earned 6% per year, compounding monthly, how much money originally invested by your grandparents when you were born
Select one:
a. $8,178.58
b. $8,602.61
c. $8,082.37
d. $7,661.49
e. $9,110.12
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The Ultra High Net Worth Bankers Handbook
Authors: Heinrich Weber, Stephan Meier
1st Edition
1905641753, 978-1905641758
