You start to save for a major purchase. You can invest $500 every quarter at the end of each quarter for 10 years. You are able to earn 8% compounded semi-annually. What is the amount in your account after 10 years?
You start to save for a major purchase. You can invest $500 every quarter at the end of each quarter for 10 years. You are able to earn 8% compounded semi-annually. What is the amount in your account after 10 years?
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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Plz solve both correctly I vill definitely upvote.

Transcribed Image Text:The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Select one:
a. $102.52
b. $116.09
c. $117.41
d. $103.69
e. $64.91

Transcribed Image Text:You start to save for a major purchase. You can invest $500 every quarter at the end of each quarter for 10
years. You are able to earn 8% compounded semi-annually. What is the amount in your account after 10
years?
Select one:
a. $30 072.94
b. $20 072.94
c. $15 072.94
d. $10 072.94
e. $25 072.94
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