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bigexternal bigexternal
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Posts: 1279
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7 years ago
You deposited ($1,000) in a savings account that pays 8 percent interest, compounded quarterly, planning to use it to finish your last year in college. Eighteen months later, you decide to go to the Roshy Mountains to become a ski instructor rather than continue in school, so you close out your account. How much money will you receive? (Round to the nearest whole dollar)
A) $1,171   
B) $1,126   
C) $1,082   
D) $1,163   
E) $1,008
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
Read 238 times
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We're using: Corporate Finance Online (Eakins, McNally)
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BlimpBlimp
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Posts: 499
7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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bigexternal Author
wrote...
7 years ago
Firstly, thank you for responding
Secondly, ur right!
We're using: Corporate Finance Online (Eakins, McNally)
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