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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Question
17)Would love the help.
Transcribed Image Text:You deposit $400 each paycheck into an account earning
6.8% interest compounded bi-weekly.
a) How much will you have in the account in 30 years?
b) How much total money will you put into the account?
$1
c) How much total interest will you earn?
$
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