I deposit 150,000 in bank today. How much will I have in my account at the end

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I deposit ₧150,000 in bank today. How much will I have in my account at the end of the term if my deposit earns interest at 12% compounded quarterly.

For the first three years, 9% compounded monthly for the next four years, and 11% compounded continuously for 2years?

Related Book For answer-question

Corporate Finance A Focused Approach

ISBN: 978-1305637108

6th edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Posted Date: Jul 03, 2023 05:14 AM

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I deposit 150,000 in bank today. How much will I have in my account at the end

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To calculate the future value of your deposit at the end of the specified term well need to calculat... View the full answer

Corporate Finance A Focused Approach

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