Question
You decide to invest $20,000 in an investment account that guarantees you 12% annual interest, compounded semi-annually, how much will you have in the account
You decide to invest $20,000 in an investment account that guarantees you 12% annual interest, compounded semi-annually, how much will you have in the account at the end of your 40th birthday if you are 25 today?
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
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