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Suppose you found a CD that pays 5.1% interest compounded monthly for 4 years. If you deposit $8,000 now, how much will you have in
Suppose you found a CD that pays 5.1% interest compounded monthly for 4 years. If you deposit $8,000 now, how much will you have in the account in 4 years? (Round to the nearest cent.) What was the interest earned? (Round to the nearest cent.) S Now suppose that you would like to have $20,000 in the account in 4 years. How much would you need to deposit now? (Round to the nearest cent.)
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
4th Edition
1567932800, 978-1567932805
