Question: Find the accumulated dollar amount (future-value [ FV ]) after 15 years of $1 ,800 invested at an 8.75% annual interest rate : (A) Discretely
Find the accumulated dollar amount (future-value [FV]) after 15 years of $1,800 invested at an 8.75% annual interest rate:
(A) Discretely Compounded Monthly.
(B) Discretely Compounded Daily.
(C) Discretely Compounded Quarterly.
(D) Continuously Compounded
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