Question
You invest $200,000 today at a 8% annual rate that is compounded quarterly. After 10 years the interest rate increases to an 12% rate compounded
You invest $200,000 today at a 8% annual rate that is compounded quarterly. After 10 years the interest rate increases to an 12% rate compounded monthly. What is the investment worth in 18 years?
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
8th Edition
0618471421, 9780618471423
