If  ​$12000 per quarter is invested in an account that earns a nominal annual interest rate of ​11 % compounded​ monthly, how much money will be in the account at the end of  6 ​years?   round to nearest dollar

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
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If  ​$12000 per quarter is invested in an account that earns a nominal annual interest rate of ​11 % compounded​ monthly, how much money will be in the account at the end of  6 ​years?

 

round to nearest dollar 

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