Elmazi-Shkumbin-Week3-3A

) Gruendda : Shkumbin Elmazi Professor Tchouassi IE 492 9/22/23 3A Assigned Questions-Schaums Chapters 3-4-5 S)flkum!m rhazt DI VI (e a KO IV IS 4 o] g 4 ASSanmend 24 1/ 23/52 You want to put away $500 a month for the next 5 years. How much money will you have saved basec on the following scenarios? - A. 8% interest per year compounded monthly _B. 8% interest per year compounded quarterly f. LT R o ETRVIEE T ety ToTolW g Te [Te ReloTo IR [ IV LTV E] WA (@1 (GBI EY LN UET [ F- R d s TN el TaVa [ IWToIVER eloTyy ToTeTW [ Ve [ ¥ = ~ table, APP Q) ' Q) Gruen data o Monthly deposds = -ESOO o B of eors= § FV O’f‘ ;éfflflu (e = /’ififld’f,(7 (D:-;@o(j/d- DH) ’\}/r] . Cs-w) = soo [@3-58) -3/ —~ Spo [0« /p 0067 ] ~ SO0 - /712684 Fv of doooléy E?C T s Monthly deposas= §SOO o T ofF veos=§ Fu of Aonoide = fondh (Deeo‘“* NG 2 .,Sbo E{CHOO‘ _,}/00& = Seo . 503659/0 09) = Sop - . 297+ FV of ,é}(mu[«}v :‘# 12/ [HE.c& - P