You invest in a bank $5,000 at beginning of every 6 months. How much will you get if you withdraw investment after 5 ye (Interest rate is 12 %) (round to whole number) A. 65,905 B. 28,185 C. 31,765 D. 50,000 OD

You invest in a bank $5,000 at beginning of every 6 months. How much will you get if you withdraw investment after 5 ye (Interest rate is 12 %) (round to whole number) A. 65,905 B. 28,185 C. 31,765 D. 50,000 OD

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 8EA: You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how...

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You invest in a bank $5,000 at beginning of every 6 months. How much will you get if you withdraw investment after 5 yea
(Interest rate is 12 %) (round to whole number)
A. 65,905
B. 28,185
C. 31,765 D. 50,000
OD
OB

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