Question
You are going to deposit $4,200 in an account that pays .48 percent monthly interest. How much will you have in 5 years? Note :
You are going to deposit $4,200 in an account that pays .48 percent monthly interest. How much will you have in 5 years?
Note : The given interest rate (.48 percent) is monthly interest rate, not the usual given annual interest rate compounded monthly.
Multiple Choice
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$5,624.79
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$5,571.18
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$5,557.21
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$5,597.92
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$5,603.52
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Performance Auditing Of Public Sector Property Contracts
Authors: Lori Keating
1st Edition
0566089998, 978-0566089992
