Question
You make an investment of $8000. For the first 22 months you earn 5% compounded semi-annually. For the next 7 months you earn 14% compounded
You make an investment of $8000. For the first 22 months you earn 5% compounded semi-annually. For the next 7 months you earn 14% compounded monthly. What is the maturity value of the certificate?
| 9291 | ||
| 9372 | ||
| 8980 | ||
| 9399 | ||
| 9499 |
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
3rd Edition
0765636891, 9780765636898
