You deposit $2,000 to an account that earns a nominal 6% interest rate convertible quarterly for...
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You deposit $2,000 to an account that earns a nominal 6% interest rate convertible quarterly for the first two years and a nominal 8% interest rate convertible semiannually thereafter. How much is in the account in 6 years? You deposit $2,000 to an account that earns a nominal 6% interest rate convertible quarterly for the first two years and a nominal 8% interest rate convertible semiannually thereafter. How much is in the account in 6 years?
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Griven deposit amount P 2000 i 67 compounded quarterly n4 ... View the full answer
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