Question
What is the future value at the end of year 15 of $10,000 deposited today into an account that pays interest of 4.5% p.a., but
What is the future value at the end of year 15 of $10,000 deposited today into an account that pays interest of 4.5% p.a., but with monthly compounding?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
