Question
You are going to save money for your sons education. You have decided to place $2,926 every half year at the end of the period
You are going to save money for your sons education. You have decided to place $2,926 every half year at the end of the period into a saving account earning 6.61 percent per year, compounded semi-annually for the next 9 years. How much money will be in the account at the end of that time period?
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Financial Markets Instruments And Institutions
Authors: Anthony M. Santomero, David Babbel
2nd Edition
0072358688, 9780072358681
