Question
Sue made a fixed deposit of $120,000. The bank credits her account with interest every month at an annualized rate of 9.00%. She will neither
Sue made a fixed deposit of $120,000. The bank credits her account with interest every month at an annualized rate of 9.00%. She will neither deposit nor withdraw any funds from this account for the next 4 years. What will be the value of her deposit at maturity?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
