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we work with compounded semi-annually so pls give me write answer with explain !! Question 2 (10 points) A company desposit $4100 each month into
we work with compounded semi-annually so pls give me write answer with explain !!
Question 2 (10 points) A company desposit $4100 each month into an account that earns 5% interest compounded semi-annually. How much money will the company have accumulated in 5 years? (Assume no interperiod compounding and answer to the nearest dollar) YourStep by Step Solution
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Financial Institutions Management
Authors: Anthony Saunders, Marcia Cornett
8th Edition
0078034809, 978-0078034800
