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You want to calculate what is the accumulated value after 11.25 years of monthly deposits of $415.00 earning interest at 5.56% compounded semi-annually if the
You want to calculate what is the accumulated value after 11.25 years of monthly deposits of $415.00 earning interest at 5.56% compounded semi-annually if the deposits are made at the end of each month? Find p (the equivalent rate of Interest per payment period) Select one: a. 0.0392305 O b. 0.0099505 O c. 0.0668115 d. 0.0045806 e. 0.0404
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