If money is worth 5% compounded quarterly , find the future worth of a sequence of 12 semi annual payments of P1000 each, the first of which is due at the end of 4 1/2 years?
If money is worth 5% compounded quarterly , find the future worth of a sequence of 12 semi annual payments of P1000 each, the first of which is due at the end of 4 1/2 years?
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 6MC: You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years....
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If money is worth 5% compounded quarterly , find the future worth of a sequence of 12 semi annual payments of P1000 each, the first of which is due at the end of 4 1/2 years?
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