Question
What is the total investment at the end of 4 years, of a single sum of $8,000 just deposited in an account, at 5% p.a.
What is the total investment at the end of 4 years, of a single sum of $8,000 just deposited in an account, at 5% p.a. compounded fortnightly?
Select one:
A.$6,551.10
B.$9,724.05
C.$9,769.35
D.$6,581.62
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
