× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
New Topic  
ikrabbe ikrabbe
wrote...
Posts: 324
Rep: 0 0
6 years ago
Suppose $4320.00 is invested for five years, eight months at 8.25% compounded annually. What is the compounded amount?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 110 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
PV = 4320.00; i = 8.25% = .0825; n =   = 5.6666667
FV = 4320.00(1.0825)5.6666667 = 4320.00(1.5670811) = $6769.79
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  499 People Browsing
Related Images
  
 296
  
 229
  
 670
Your Opinion
Where do you get your textbooks?
Votes: 447