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Author Question: Solve the problem. A = PntP = A = PertY = n - 1How much money should be deposited today in an ... (Read 67 times)

mmm

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on: Feb 2, 2020

Question 1

Suppose Carla has $12,000 to invest. Which investment yields the greater return over 2 years: 9% compounded quarterly or 8.85%  compounded monthly?
◦ The rate of 8.85% compounded monthly is better.
◦ The rate of 9% compounded quarterly is better.
◦ They are the same.

Question 2

Solve the problem.

A = PntP = A = PertY = n - 1


How much money should be deposited today in an account that earns 6% compounded semiannually so that it will accumulate to $9000 in 2 years?
◦ $7996.38
◦ $10,129.58
◦ $8009.97
◦ $1003.62
Thinking Mathematically ¦ Blitzer ¦ 6th Edition
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Marked as best answer by mmm on Feb 2, 2020

abro1885

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Reply #1 on: Feb 2, 2020
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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mmm

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Reply 2 on: Feb 2, 2020
YES! Correct, THANKS for helping me on my review

okolip

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Reply 3 on: Yesterday
Excellent

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