Question
Rebecka plans to contribute $550 at the end of every month to an investment that earns 7.50% compounded semi-annually. If Rebecka starts contributing on her
Rebecka plans to contribute $550 at the end of every month to an investment that earns 7.50% compounded semi-annually. If Rebecka starts contributing on her 42nd birthday, how much will she accumulate by her 64th birthday?For full marks your answer(s) should be rounded to the nearest cent.
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Future value = $0.00
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
