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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