Question: What will be the amount accumulated by each of these present investments? (a) $7,890 in 10 years at 9% compounded semiannually. (b) $4,500 in 15
What will be the amount accumulated by each of these present investments?
(a) $7,890 in 10 years at 9% compounded semiannually.
(b) $4,500 in 15 years at 8% compounded quarterly.
(c) $29,800 in 7 years at 12% compounded monthly.
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