Gary decides to set up a retirement fund by depositing $182 at the end of each week for 17 years. How much will he have after 17 years, if the interest rate is 1.95%, compounded semiannually?
Gary decides to set up a retirement fund by depositing $182 at the end of each week for 17 years. How much will he have after 17 years, if the interest rate is 1.95%, compounded semiannually?
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 12E
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Gary decides to set up a retirement fund by depositing $182 at the end of each week for 17 years. How much will he have after 17 years, if the interest rate is 1.95%, compounded semiannually?
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