Question
Which Among the following (general ) annuities will you choose based on the future value? Option 1 R= 500 I= 8.00 % Period= 12 t(years)
Which Among the following (general ) annuities will you choose based on the future value?
Option 1
R= 500
I= 8.00 %
Period= 12
t(years) 2
Compounded: 2
Required: What is the future value ?
Option 2
R= 500
I= 8.00 %
Period= 12
t(years) 2
Compounded: 4
Required: What is the future value ?
Which one is the best option?
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Accounting Best Practices
Authors: Steven M. Bragg
3rd Edition
0471444286, 978-0471444282
