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Hillier Hillier
wrote...
Posts: 550
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6 years ago
Find the sum of money that accumulates to $11 415.00 at 7.6% compounded quarterly in six years, seven months.
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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wrote...
6 years ago
n = (6 +  )4 = 26.3333333
P V = 11415.00(1.019)-26.3333333 = 11415.00(.6091812) = $6953.80
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