An engineer deposits $830 per month into a savings account that pays interest at a rate of 10% per year, compounded semiannually. How much will be in account at the end of 4 years? Assume no interperiod compounding. Yanıtınız: O $78,465 O $114,131 O $109,375 O $32,187 * AG 224
An engineer deposits $830 per month into a savings account that pays interest at a rate of 10% per year, compounded semiannually. How much will be in account at the end of 4 years? Assume no interperiod compounding. Yanıtınız: O $78,465 O $114,131 O $109,375 O $32,187 * AG 224
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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![Soru 2
An engineer deposits $830 per month into a savings account that pays interest at a rate of 10% per year, compounded semiannually. How much will be in the
account at the end of 4 years? Assume no interperiod compounding.
Yanıtınız:
$78,465
$114,131
$109,375
$32,187
$46,224
$133,153
$47,555
$33,288
$48,740
$3,852
$7,926](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd95aba71-3e26-46c9-bff4-c338149231d3%2Ffe7ab1ad-b2bc-4056-8d51-8f1fcc2bd2a4%2Fk2ep7nm_processed.png&w=3840&q=75)
Transcribed Image Text:Soru 2
An engineer deposits $830 per month into a savings account that pays interest at a rate of 10% per year, compounded semiannually. How much will be in the
account at the end of 4 years? Assume no interperiod compounding.
Yanıtınız:
$78,465
$114,131
$109,375
$32,187
$46,224
$133,153
$47,555
$33,288
$48,740
$3,852
$7,926
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