Ciara has $4,300 in savings. If she deposits the money into a long-term savings account with 2.13% APY and monthly compounding, what will the accrued value of her account be in five years? Select one O a $4,777 87 Ob $4,782.77 SA 791 97
Ciara has $4,300 in savings. If she deposits the money into a long-term savings account with 2.13% APY and monthly compounding, what will the accrued value of her account be in five years? Select one O a $4,777 87 Ob $4,782.77 SA 791 97
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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Chapters 7-9
ous page
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Ciara has $4,300 in savings. If she deposits the money into a long-term savings account with 2.13% APY and monthly compounding, what will the accrued value of her
account be in five years?
Select one:
O a $4,777 87
O b. $4,782.77
OC $4,781.87
Od $4,799.99
PREVIOUS ACTIVITY
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Transcribed Image Text:Student Support
Chapters 7-9
ous page
*
Ciara has $4,300 in savings. If she deposits the money into a long-term savings account with 2.13% APY and monthly compounding, what will the accrued value of her
account be in five years?
Select one:
O a $4,777 87
O b. $4,782.77
OC $4,781.87
Od $4,799.99
PREVIOUS ACTIVITY
Week 3 Cumulative Assignment
F8
9
O
All
L
F9
8
O
F10
Juner do
Fin
hn
30
8
F11
[
+ 11
F12
]
B
Backspace
Enter
Shift
Ctrl
PrtScn
Insert
Delete
ScrLK
Home
Show blocks Standard vie
End
Time left 1:23:28
Pause
Next page
PgUp
6:10 PM
10/23/2022
PgDn
Num
Lock
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