Question
You have invested $50,000 to earn 8% interest. The compounding approach that will earn the lowest amount after one year, results in a total yearend
You have invested $50,000 to earn 8% interest. The compounding approach that will earn the lowest amount after one year, results in a total yearend balance of
-
A :
$54,122.
-
B :
$54,000.
-
C :
$46,000.
-
D :
$50,000.
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Structural Analysis
Authors: Russell Hibbeler
10th Edition
134610679, 978-0134610672
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