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What is the accumulated value of $700 invested for 15 years at 2.5% p.a. compounded (a) annually? (b) semi-annually? (c) quarterly? (d) monthly? (a)
What is the accumulated value of $700 invested for 15 years at 2.5% p.a. compounded (a) annually? (b) semi-annually? (c) quarterly? (d) monthly? (a) The accumulated value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
