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$670 at 2% compounded annually for 19 years

rolpace88

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8 years ago

$670 at 2% compounded annually for 19 years

$670 at 2% compounded annually for 19 years
A) $956.92
B) $911.20
C) $924.60
D) $976.06

Textbook

Business Math

Edition: 10^th

Authors: Cleaves, Hobbs, Noble

Read 268 times

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Million

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Solved If you could borrow at 9.5% compounded semi-annually or at 9.4% compounded monthly, which would you ...

rolpace88 Author

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#2

8 years ago

Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.

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Million

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#3

8 years ago

A thumbs up would be appreciated Smiling Face with Glasses

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