When investing, you put $220,000 into a fund that earns 3.95 % p.a. compounded monthly for 22

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When investing, you put $220,000 into a fund that earns 3.95 % p.a. compounded monthly for 22 years and didn't touch it. At the end of the 22 years, how much is the fund worth

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Entrepreneurship

ISBN: 9781119563099

5th Edition

Authors: Andrew Zacharakis, William D Bygrave

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Posted Date: May 10, 2024 06:24 AM

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When investing, you put $220,000 into a fund that earns 3.95 % p.a. compounded monthly for 22

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The future value of an investment can be calculated using the formula for com... View the full answer

Entrepreneurship

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