Judd Trump opened a bank account and initially deposited 161109 Euros 3 years ago. 3 months...

  

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Judd Trump opened a bank account and initially deposited 161109 Euros 3 years ago. 3 months after the deposit was made, Judd withdrew 41606 Euros. Another withdrawal of 41606 Euros was made by Judd 6 months after. Last year. He made another deposit of 49940 Euros and withdrew 140052 Euros, 6 months later. If interest is 9.9% compounded quarterly, determine the following: The present worth of the Deposits. Express your answer in terms of Euros. Observe 2 decimal places. The error threshold is 0.5% Relative to the right answer. DO NOT INDICATE UNITS Answer Answer Judd Trump opened a bank account and initially deposited 161109 Euros 3 years ago. 3 months after the deposit was made, Judd withdrew 41606 Euros. Another withdrawal of 41606 Euros was made by Judd 6 months after. Last year. He made another deposit of 49940 Euros and withdrew 140052 Euros, 6 months later. If interest is 9.9% compounded quarterly, determine the following: The present worth of the Deposits. Express your answer in terms of Euros. Observe 2 decimal places. The error threshold is 0.5% Relative to the right answer. DO NOT INDICATE UNITS Answer Answer

Answer rating: 100% (QA)

1 Present Worth of Deposits is 27111156 Euros 2 Present Worth of Withdrawals is 25464398 Euro... View the full answer