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Author Question: Determine the accumulated value after 15 years of deposits of $9000.00 made at the beginning of ... (Read 150 times)

mynx

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Question 1

Payments of $1000.00 are made into a fund at the beginning of every month for 10 years. If the fund earns interest at 12% compounded monthly, what will the balance in the fund at the end of the term?

Question 2

Determine the accumulated value after 15 years of deposits of $9000.00 made at the beginning of every three months and earning interest at 8% compounded quarterly.


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Marked as best answer by mynx on Jun 6, 2019

leahchrapun

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