Question
You Save Bank has a unique account. If you deposit $6,500 today, the bank will pay you an annual interest rate of 5 percent for
You Save Bank has a unique account. If you deposit $6,500 today, the bank will pay you an annual interest rate of 5 percent for 5 years, 5.6 percent for 4 years, and 6.3 percent for 8 years. How much will you have in your account in 17 years?
Multiple Choice
$15,952.43
$14,898.12
$16,818.28
$12,314.58
$13,171.90
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The Handbook Of Mortgage Backed Securities
Authors: Frank Fabozzi
6th Edition
0071460748, 978-0071460743
