Compounding monthly means that there are twelve interest payments per year. So , n = 1 2
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Compounding monthly means that there are twelve interest payments per year. So n and i FV PVinFVFVFVTherefore, rounded to the nearest cent, Calculate the final answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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