Question
Problem 4-7 (add the formulas) COMPOUND INTEREST AT NON-ANNUAL RATES Given the annual interest rates below, and the compounding period indicated, calculate the FUTURE VALUE
| Problem 4-7 (add the formulas) | |||||
| COMPOUND INTEREST AT NON-ANNUAL RATES | |||||
| Given the annual interest rates below, and the compounding period indicated, | |||||
| calculate the FUTURE VALUE for each item. | |||||
| Annual | Compounding | ||||
| Present Amount (SAR) | Interest | Years | Period | ||
| 20,000 | 6% | 5 | Semi-annually | ||
| 42,000 | 4% | 12 | Quarterly | ||
| 8,000 | 12% | 4 | Monthly | ||
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A Guide To Starting Your Hedge Fund
Authors: John Thompson, Erik Serrano Berntsen
1st Edition
0470519401, 978-0470519400
