8. Suzy is starting college in 4 years and would like to have $4000 when she starts. She has $2500 to invest now, and her bank pays 1.75% compounded semi-annually Will she have enough?
8. Suzy is starting college in 4 years and would like to have $4000 when she starts. She has $2500 to invest now, and her bank pays 1.75% compounded semi-annually Will she have enough?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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