Basics Of Engineering Economy
Basics Of Engineering Economy
2nd Edition
ISBN: 9780073376356
Author: Leland Blank, Anthony Tarquin
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 3, Problem 36P
To determine

Calculate the quarterly worth.

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Suppose that $5000 is deposited in a saving account at the rate of 6% per year. Find the total amount on deposit at the end of 4 years if the interest is: a)simple                                      b) compoundedannually c) compoundedsemi-annually    d) compoundedquarterly e) compoundedmonthly                 f) compoundeddaily
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Basics Of Engineering Economy

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