Question
Professor Severus Snape deposited 500 Galleons into an account at Gringotts Bank, that pays 4% nominal annual interest, compounded semi-annually. How much will he have
Professor Severus Snape deposited 500 Galleons into an account at Gringotts Bank, that pays 4% nominal annual interest, compounded semi-annually. How much will he have in his account 10 years from now?
Question options:
|
| None of these are correct |
|
| 740.12 Galleons |
|
| 742.97 Galleons |
|
| 744.43 Galleons |
|
| 745.42 Galleons |
*only work out problem using step by step not excel or any other program!*
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Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills
1st Edition
1439844712, 9781439844717
