Question
Question 4(1 point) You are going to save money for your son's education. You have decided to place $3,936 every half year at the end
Question 4(1 point)
You are going to save money for your son's education. You have decided to place $3,936 every half year at the end of the period into a saving account earning 9.95 percent per year, compounded semi-annually for the next 12 years. How much money will be in the account at the end of that time period?
Round the answer to two decimal places.
Your Answer:
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
