Question
What amount invested today would grow to $11,000 after 20 years, if the investment earns: a.8% compounded annually$ b.8% compounded semiannually$ c.8% compounded quarterly$ d.8%
What amount invested today would grow to $11,000 after 20 years, if the investment earns:
a.8% compounded annually$
b.8% compounded semiannually$
c.8% compounded quarterly$
d.8% compounded monthly$
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a The formula is AP1 knjnt rinjnt 100 Where A Amount ...
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Fundamentals Of Business Mathematics In Canada
Authors: F. Ernest Jerome, Jackie Shemko
3rd Edition
1259370151, 978-1259370151
