You deposit $600 in an account earning 8% compound interest for 4 years. Find the future value
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Question:
You deposit $600 in an account earning 8% compound interest for 4 years. Find the future value and the interest earned for each of the following compounding frequencies. Round all answers to two decimal places if necessary.
(1 year = 365 days, including leap years)
annually
semiannually
quarterly
monthly
daily
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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