What will be the accumulated amount in an investment account

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
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Case 6: What will be the accumulated amount in an investment account that pays 1.2% monthly interest if the following movements are
made during the year and you want to know its balance as of December 31?
Fecha
15 de febrero
15 de mayo
15 de julio
15 de septiembre
15 de diciembre
Importe
15 000
3 000
1500
2 000
2 500
Tipo de movimiento
Apertura
Depósito
Retiro
Retiro
Depósito
JUIL.
Transcribed Image Text:Case 6: What will be the accumulated amount in an investment account that pays 1.2% monthly interest if the following movements are made during the year and you want to know its balance as of December 31? Fecha 15 de febrero 15 de mayo 15 de julio 15 de septiembre 15 de diciembre Importe 15 000 3 000 1500 2 000 2 500 Tipo de movimiento Apertura Depósito Retiro Retiro Depósito JUIL.
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