Question
You deposit $1437.46 in an account today.You will deposit $547.45 at the end of each month for the next 14 months and $990.78 each month
You deposit $1437.46 in an account today.You will deposit $547.45 at the end of each month for the next 14 months and $990.78 each month for the following 12 months.How much interest will you have earned in 26 months if the account pays 20% compounded monthly?
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
