Complete the table to find the periodic deposit investment amounts. Interest Interest Rate Periods Deposit 8 years
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Interest Interest Rate Periods Deposit 8 years Future Value $50,000 | 2%, compounded annually $25,000 | 1.5%, compounded semiannually | 4 years | $100,000 | 3.75%, compounded quarterly | 10 years | $1,000,000 | 4%, compounded monthly a. b. c. 20 years d.
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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