Question
Please show calculations & formulas!! COMPARING 4 SAVINGS PLANS Savings amount $ 1,000.00 Option A--Bellon Bank Interest rate 12.0% Effective annual interest rate (compounded) Savings
Please show calculations & formulas!!
| COMPARING 4 SAVINGS PLANS | ||
| Savings amount | $ 1,000.00 |
|
| Option A--Bellon Bank |
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|
| Interest rate | 12.0% |
|
| Effective annual interest rate (compounded) |
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|
| Savings after 5 years |
|
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| Option B--WNC Bank |
|
|
| Interest rate | 11.0% |
|
| Effective annual interest rate (compounded) |
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|
| Savings after 5 years |
|
|
| Option C--Plebian Bank |
|
|
| Interest rate | 10.0% |
|
| Effective annual interest rate (compounded) |
|
|
| Savings after 5 years |
|
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| Option D--Byfus Bank |
|
|
| Interest rate | 11.5% |
|
| Effective annual interest rate (compounded) |
|
|
| Savings after 5 years |
|
|
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The Little Book Of Zen Money A Simple Path To Financial Peace Of Mind
Authors: Seven Dollar Millionaire
1st Edition
1119859670, 978-1119859673
