Question
Q4) How much money would you need to deposit today at 26.00% annual interest compounded monthly to have $30,858 in the account after 13 years?
Q4) How much money would you need to deposit today at 26.00% annual interest compounded monthly to have $30,858 in the account after 13 years?
Q5) If you deposit $193 into an account paying 08.00% annual interest compounded quarterly, how many years until there is $23,948 in the account?
Q6) If you deposit $33,719 at 03.00% annual interest compounded quarterly, how much money will be in the account after 20 years?
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
