d. Find the amount of 32,100 invested for 4 years and 3 months at 18% compounded: aa). monthly bb). quarterly

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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NOTE: PLEASE ANSWER PART D ONLY!!!!
2. Future Value: FV = PV(1+r)”
a R10,600 invested at 12% compounded semi
b) Accu
700 at 12% comp
c) Find the amoun
months at the rate
aal
). semi-annually
years
monthly for 6 years
000 invested for 5 years and 6
aa). monthly
bb). quarterly
compounds
cc). quarterly
d) d. Find the amount of 32,100 invested for 4 years and 3 months at
18% compounded:
Transcribed Image Text:2. Future Value: FV = PV(1+r)” a R10,600 invested at 12% compounded semi b) Accu 700 at 12% comp c) Find the amoun months at the rate aal ). semi-annually years monthly for 6 years 000 invested for 5 years and 6 aa). monthly bb). quarterly compounds cc). quarterly d) d. Find the amount of 32,100 invested for 4 years and 3 months at 18% compounded:
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