Calculate the accumulated value after ten years of payments of $1000.00 made at the end of each

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Calculate the accumulated value after ten years of payments of $1000.00 made at the end of each month if interest is 4% compounded semi-annually.

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Cambridge IGCSE And O Level Additional Mathematics

ISBN: 9781510421646

1st Edition

Authors: Val Hanrahan, Jeanette Powell

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Posted Date: Jun 08, 2022 03:45 AM

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Calculate the accumulated value after ten years of payments of $1000.00 made at the end of each

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First we need to find the Effective Annual RateEAR EAR 1Interest rateNumber of ... View the full answer

Cambridge IGCSE And O Level Additional Mathematics

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