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You deposit $200 in an account earning 8% compound interest for 4 years. Find the future value and the interest earned for each of the following compounding frequencies. Round all answers to two decimal places if necessary. (1 year = 365 days, including leap years) Frequency P/Y Annually: Semiannually: Quarterly: Monthly: Daily: Frequency Annually: Semiannually: Quarterly: Monthly: Daily: C/Y 00000 0000 PV PMT $ N I/Y 0000-00000 00000 8 % % % % % Interest Earned

You deposit $200 in an account earning 8% compound interest for 4 years. Find the future value and the interest earned for each of the following compounding frequencies. Round all answers to two decimal places if necessary. (1 year = 365 days, including leap years) Frequency P/Y Annually: Semiannually: Quarterly: Monthly: Daily: Frequency Annually: Semiannually: Quarterly: Monthly: Daily: C/Y 00000 0000 PV PMT $ N I/Y 0000-00000 00000 8 % % % % % Interest Earned

Essentials Of Investments
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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You deposit $200 in an account earning 8% compound interest for 4 years. Find the future value and the interest earned for each of the following compounding frequencies. Round all answers to two decimal places if necessary. (1 year = 365 days, including leap years) Frequency P/Y Annually: Semiannually: Quarterly: Monthly: Daily: Frequency Annually: PV Semiannually: $ Monthly: $ Quarterly: $ Daily: C/Y 10000 00000 $ $ N 00000-0000 00000 $ I/Y 8 % % % % % Interest Earned
Transcribed Image Text:You deposit $200 in an account earning 8% compound interest for 4 years. Find the future value and the interest earned for each of the following compounding frequencies. Round all answers to two decimal places if necessary. (1 year = 365 days, including leap years) Frequency P/Y Annually: Semiannually: Quarterly: Monthly: Daily: Frequency Annually: PV Semiannually: $ Monthly: $ Quarterly: $ Daily: C/Y 10000 00000 $ $ N 00000-0000 00000 $ I/Y 8 % % % % % Interest Earned
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