Question
Suppose you deposited $2,273 in an account that earns a simple 7% interest per year but compounded quarterly, how much would you have in
Suppose you deposited $2,273 in an account that earns a simple 7% interest per year but compounded quarterly, how much would you have in your account after 2 years? (Round your answer to two decimal points)
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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