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Author Question: Determine the accumulated value after 15 years of deposits of $9000.00 made at the beginning of ... (Read 211 times)

mynx

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on: Jun 6, 2019

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.
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by mynx on Jun 6, 2019

leahchrapun

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mynx

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Reply #2 on: Jun 6, 2019
Thanks


leahchrapun

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Reply #3 on: Jun 6, 2019
Welcome :)


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