Tiva deposits $129 at the end of every three months into an account that earns 1.86% compounded
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Question:
Tiva deposits $129 at the end of every three months into an account that earns 1.86% compounded monthly. Find the maturity value, and interest earned in 4 years and 6 months. Round all answers to two decimal places if necessary.
P/Y =
C/Y =
N=
I/Y =
PV = 5
PMT = $
FV = $
(round to the nearest cent)
Interest Earned = $
(enter a positive value, rounded to the nearest cent)
Related Book For
Financial Accounting Information For Decisions
ISBN: 978-0324672701
6th Edition
Authors: Robert w Ingram, Thomas L Albright
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