Question
Suppose $50,000 is kept in an account paying 10% compounded monthly. How much will be in the account after 10 years? Round to the
Suppose $50,000 is kept in an account paying 10% compounded monthly. How much will be in the account after 10 years? Round to the nearest cent, i.e. two decimal places.
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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