Sue made a fixed deposit of $120,000. The bank credits her account with interest every month at an annualized rate of 9.00%. She will neither deposit nor withdraw any funds from this account for the next 4 years. What will be the value of her deposit at maturity?

Answer rating: 100% (QA)

Okay lets solve this stepbystep Sue made a fixed deposit of 120000 Interes... View the full answer