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bigexternal bigexternal
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7 years ago
$1,200 is deposited today into an account paying 6% interest compounded semiannually. How much interest will have been earned after 25 years?
A) $3,950.24
B) $1,312.53
C) $20,904.19
D) $5,260.69
E) $4,060.69
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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We're using: Corporate Finance Online (Eakins, McNally)
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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bigexternal Author
wrote...
#2
7 years ago
I was skeptic but after double checking it checks out, thanks
We're using: Corporate Finance Online (Eakins, McNally)
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