hutshilo won R165 000 and decided to deposit 65% of this amount in an account earning 8,25% interest per year, compounded every four months. The accumulated amount after five years is 1. R247 862,83. 2. R151 490,63. 3. R248 203,55. 4. R161 110,8
hutshilo won R165 000 and decided to deposit 65% of this amount in an account earning 8,25% interest per year, compounded every four months. The accumulated amount after five years is 1. R247 862,83. 2. R151 490,63. 3. R248 203,55. 4. R161 110,8
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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hutshilo won R165 000 and decided to deposit 65% of this amount in an account earning 8,25% interest per year, compounded every four months. The accumulated amount after five years is
1. R247 862,83.
2. R151 490,63.
3. R248 203,55.
4. R161 110,8
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