Question
You deposit $9200 into an account with an interest rate of 4% compounding quarterly. (a) How much will be in the account after 3 years?
You deposit $9200 into an account with an interest rate of 4% compounding quarterly.
(a) How much will be in the account after 3 years?
N =
I% =
PV =
PMT =
FV =
P/Y,C/Y=
PMT: END BEGIN
(b) How many quarters will it take for your account to reach a balance of $15000?
N =
I% =
PV =
PMT =
FV =
P/Y,C/Y=
PMT: END Begin
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Cost Determination A Conceptual Approach
Authors: Joel S. Demski
1st Edition
0813803608, 978-0813803609
