What is the accumulated value of $900 invested for 17 years at 5.5% p.a. compounded (a) annually?

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What is the accumulated value of $900 invested for 17 years at 5.5% p.a. compounded

(a) annually?

(b) semi-annually?

c) quarterly?

(d) monthly?

Related Book For answer-question

College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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Posted Date: Apr 30, 2019 09:02 AM

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What is the accumulated value of $900 invested for 17 years at 5.5% p.a. compounded (a) annually?

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FV PV x 1 rn a FV 900 x 1 55... View the full answer

College Mathematics for Business Economics Life Sciences and Social Sciences

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