An investment of $1,050 is made in an account compounded semi-annually at 6.8%. How much will the investment be worth in 19 years?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
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An investment of $1,050 is made in an account compounded semi-annually at 6.8%. How much will the investment be worth in 19 years?

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