Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Question
Jan Reus sold her home and has $18,000 to invest. She believes she can earn 8% compounded quarterly. find the compound amount if she invest for a) 3 years and b) 6 years. c) then find the additional amount earned due to longer time period.
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