You can invest in a bank account that has an APR of 8%. You want to make
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Question:
You can invest in a bank account that has an APR of 8%. You want to make equal deposits every semester (six months) of $500 for the next 5 years. How much will you have accumulated at the end of the 5 years?
Related Book For
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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