.The Janus Enterprise fund has as of April 2013 a 10-year average return of 12.54%. If Bobby Sue deposits $750 monthly and the interest is compounded monthly, how much will she have at the end of 9 years?

.The Janus Enterprise fund has as of April 2013 a 10-year average return of 12.54%. If Bobby Sue deposits $750 monthly and the interest is compounded monthly, how much will she have at the end of 9 years?

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

ChapterM: Time Value Of Money Module

Section: Chapter Questions

Problem 9RE

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